Thursday, 16 February 2017

Naira crashes to 516 as dollar scarcity widens

Oyetunji Abioye The naira appears to have entered a free fall mode with the local currency selling for 516 per United States dollar on the streets of Lagos on Thursday. The naira plummeted at the parallel market from 510/dollar on Wednesday to 516/dollar on Thursday. Currency dealers on the streets of Lagos Island sold the … More Naira crashes to 516 as dollar scarcity widens

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