Topic: ‘Why Naira falls despite CBN’s intervention’  (Read 823 times)

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‘Why Naira falls despite CBN’s intervention’
« on: April 02, 2017, 01:01:03 PM »
‘Why Naira falls despite CBN’s intervention’

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


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