Expert explains why Naira falls in spite of CBN’s intervention

Pages: [1] Go Down

Topic: Expert explains why Naira falls in spite of CBN’s intervention (Read 1465 times)

0 Members and 1 Guest are viewing this topic.

Expert explains why Naira falls in spite of CBN’s intervention

« on: April 02, 2017, 01:01:08 pm »

Expert explains why Naira falls in spite of CBN’s intervention

Lagos – Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), has blamed the recent depreciation of naira on the speculators’ onslaught and resistance by the banking industry. Gwadabe told the News Agency of Nigeria (NAN) on Saturday in Lagos that the refusal of some banks to sell the invisibles […]
Source: Expert explains why Naira falls in spite of CBN’s intervention

......
news from nigerianobservernews.com

The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Naira falls by 98k despite CBN’s $500m Started by ayodeji General News	0 Replies 2436 Views	July 10, 2013, 06:55:40 am by ayodeji
Naira Falls To Lowest Level In 9 Weeks Started by ayo2 Events, Entrepreneur & Money Matters	0 Replies 3988 Views	August 29, 2013, 04:11:27 pm by ayo2
Naira Falls to N168.10, CBN's $200 Million sales fails to lift Naira Started by flukky01 Events, Entrepreneur & Money Matters	0 Replies 11277 Views	November 11, 2014, 08:34:30 am by flukky01
Naira is Dying: Naira falls to N349/$ in parallel market Started by flukky01 Events, Entrepreneur & Money Matters	0 Replies 10586 Views	February 16, 2016, 11:15:08 am by flukky01
Naira falls in parallel, black markets Started by thenation Newspaper Board	0 Replies 2380 Views	September 27, 2016, 01:02:25 am by thenation
Naira falls at official market, CBN supplies $180m Started by olutee Newspaper Board	0 Replies 1825 Views	March 21, 2017, 01:00:25 am by olutee
‘Why Naira falls despite CBN’s intervention’ Started by thenation Newspaper Board	0 Replies 1505 Views	April 02, 2017, 01:01:03 pm by thenation
Naira falls against dollar despite CBN’s intervention Started by olutee Newspaper Board	0 Replies 1389 Views	July 08, 2017, 01:06:39 am by olutee
LCCI Advocates Quick Intervention To Salvage Naira Started by flukky-2 Newspaper Board	0 Replies 780 Views	October 06, 2021, 07:02:00 pm by flukky-2
Naira falls to N1089/$ on official I&E window Started by olutee Newspaper Board	0 Replies 769 Views	January 10, 2024, 07:06:24 pm by olutee