Expert explains why Naira falls in spite of CBN’s intervention

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Expert explains why Naira falls in spite of CBN’s intervention

« on: April 02, 2017, 01:01:08 PM »

Expert explains why Naira falls in spite of CBN’s intervention

Lagos – Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), has blamed the recent depreciation of naira on the speculators’ onslaught and resistance by the banking industry. Gwadabe told the News Agency of Nigeria (NAN) on Saturday in Lagos that the refusal of some banks to sell the invisibles […]
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