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Naira Stabilizes At N1,500/$ Amid EFCC Crackdown On Street Trading - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Stabilizes At N1,500/$ Amid EFCC Crackdown On Street Trading (149 Views)

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Naira Stabilizes At N1,500/$ Amid EFCC Crackdown On Street Trading by Mateco556: 1:36pm On May 27
The naira has held steady against the dollar in the parallel market, trading at N1,500/$1 on Friday, an improvement from Thursday’s rate of N1,510/$1. This stabilization comes as the Economic and Financial Crimes Commission (EFCC) intensifies efforts to curb illegal foreign exchange trading on the streets.

In the Nigerian Autonomous Foreign Exchange Market (NAFEM), the naira also saw a slight appreciation, closing at N1,482.8 on Friday, up from N1,485.7 the previous day.

https://ratecaptain.com/naira-stabilizes-at-n1500-amid-efcc-crackdown-on-street-trading/
Re: Naira Stabilizes At N1,500/$ Amid EFCC Crackdown On Street Trading by Melagros(m): 1:58pm On May 27
COMRADES are laughing at these clowns, EFCC and CBN grin grin grin

1 Like

Re: Naira Stabilizes At N1,500/$ Amid EFCC Crackdown On Street Trading by CuriousCart(f): 3:38pm On May 27
Stabilizes

Your currency exchanges for 1,500 of another currency and you call it stable.

Ok.

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