Naira down to six-month low against dollar
Naira closed at N424.88 per $1 on Wednesday, the weakest rate it has exchanged this year so far.
Naira closed at N424.88 per $1 on Wednesday, the weakest rate it has exchanged this year so far.
A nation does not fail from the lack of resources. Nations fail when values fail. Nations fail when dealers replace leaders. ...
Mr. Okorafor said no intervention was made in the retail window in Thursday’s auction.
On Monday, the Central Bank supplied a total of $150 million to the interbank wholesale market.
The Central Bank also sold $10,000 to Bureaux de Change, BDCs in line with its new sale policy.
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