Update :$1=330 & rising...
When CBN sold $60,000 weekly to each BDC. It was said to cost CBN 8.6billion dollars a year, so they reduced it to $10,000 per week to each BDC Making it $1.476bn yearly.....
E no reach 1 week oh, CBN say them no sell again, say e dey shorten our money for bank(reserves) make BDC go find dollars demselves,lool.........Mere $1.47bn wey Naija go make in One month.
Now reports have it that students who school abroad & those who received medical attention abroad will be denied dollar.
What does this mean if this happens? More pressure on our BDC. More demand, Less supply = Higher rate!
The same CBN who says BDC was to serve retail needs of $5,000 & less is now giving BDC the leverage to be more wosky!!! Okay o
#$1 = 400naira leggo #almost there :-)

Immediately Buhari entered,everything skyrocketed.. Still the zombies are yet to see the Good economic management handiwork done by gej during his time.what they know now is inflation and increment on everything.
Dollar
Electricity bill
Etc
So clueless

That's the only way this govt know how to generate revenue, by increasing the tax. So clueless my man! They take one step forward, two step backwards