Despite the sale of dollar to licensed BDCs operator CBN nationwide on Thursday as CBN resume sales of forex, Naira suffer another lose to Dollar at the parallel rate.


The Pound Sterling and the Euro traded at N596 and N520, respectively, at the open market.

Read Nigerian firms explore export market to make dollar gains – Businessday

At the BDC window, the Naira exchanged at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro closed at N599 and N522, respectively.

Trading at the interbank market saw the Naira weakening further as it closed at N305.50, from the N305.25 it recorded on Wednesday.

Traders at the market were hopeful that the Naira would bounce back as quickly as possible.

They, however, noted that the Naira was waging a guerilla-like war against speculators who manipulate the market for their selfish ends.

Read More @ http://www.nairausd.com/2017/01/naira-depreciate-against-dollar-at.html

Buhari, continue

okosodo:
Buhari, continue

Na so we see am