Naira runs out of steam as FX supply plummets

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• Sapporo 1 year ago

  Castles built of sand get washed away by the first wave.

  Castles built of sand get washed away by the first wave.

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• Eric Acheampong 1 year ago

  The EFCC and Central Bank of Nigeria are the main culprits of the headaches of the Naira.
  Instead of fighting Binance and others alone, they should also keep an eye on moves of the commercial banks and the BDCs. The few days ...
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  The EFCC and Central Bank of Nigeria are the main culprits of the headaches of the Naira.
  Instead of fighting Binance and others alone, they should also keep an eye on moves of the commercial banks and the BDCs. The few days decline was due to people buying dollars on the parallel market and depositing them into their bank accounts and converting it into Naira to make profits.
  Deploying armed men with big guns and harassment is not the right way to help the naira.

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