The Naira, on Monday, February 16, fell a further N2 and is now selling at N210 to the Dollar at the Bureau De Change (BDCs) segment of the official market.
However, at the black market, the Naira is said to be selling as high as N213 to the dollar.
According to the News Agency of Nigeria, a dealer said that the depreciation is most likely due to the closure of trading at the interbank market by the Central Bank of Nigeria (CBN).
The Naira is also selling at N307 to the pound in BDCs and N314 at the black market while the Naira-Euro exchange rate is N235 in BDCs and N237 in the black market.
According to Bloomberg, the Naira has tumbled 17 percent over the past three months and may further decline to an exchange rate of N263 to the dollar.

One can only imagine where we are heading in this country...Naija which way nah...

http://pulse.ng/local/currency-devaluation-naira-now-210-to-dollar-id3489568.html

Ngozinomics....you go fear okonjo iweala after five straight years of selling crude above benchmark .....no excess crude money...no foreign reserve ....economy in free fall...no real economist managing Nigeria's economy... GEJ I hail o....only $1billion dollars missing from NNPC.....

SmartChoices:
Ngozinomics....you go fear okonjo iweala after five straight years of selling crude above benchmark .....no excess crude money...no foreign reserve ....economy in free fall...no real economist managing Nigeria's economy... GEJ I hail o....only $1billion dollars missing from NNPC.....

It is just a shame what the country has become. No accountability...Everyone is just stealing at free will...No wahala...carry go..

lolaxavier:


It is just a shame what the country has become. No accountability...Everyone is just stealing at free will...No wahala...carry go..

like Soludo said Okonjo should go and re enrol at UI dept of economics...wonder y all this American certificate holders are usually empty brained

If GEJ going outta Aso Rock will stop this better, but I still don't like buhari..

SmartChoices:
like Soludo said Okonjo should go and re enrol at UI dept of economics...wonder y all this American certificate holders are usually empty brained

And later they will come and tell us the economy will be the biggest in 2050...when i go don dey prepare to go to the other side of the world.
Thunder fire una...

SmartChoices:
like Soludo said Okonjo should go and re enrol at UI dept of economics...wonder y all this American certificate holders are usually empty brained

Very empty brain o. I neva liked dt okonjo of a woman since d time she claimed she was earnin more in world bank(like say we neva c world bank executive b4) than as a minister in naija! Naija wey I knw say jst chop post for 1yr n ur life wil nt remain d same. Dt woman na scam

theM16:


Very empty brain o. I neva liked dt okonjo of a woman since d time she claimed she was earnin more in world bank(like say we neva c world bank executive b4) than as a minister in naija! Naija wey I knw say jst chop post for 1yr n ur life wil nt remain d same. Dt woman na scam

u dey vex ooo.