Naira Crashes To N1,390 Per Dollar After CBN Governor’s Forex Comment

The naira has crashed to N1,390 per dollar at the Bureau de Change segment of the foreign exchange market after the Governor of the Central Bank of Nigeria, Olayemi Cardoso, said that the currency was largely undervalued.

Checks by THE WHISTLER revealed that the naira lost 1.4 per cent of its value or an equivalent of N20 from N1,370 traded on Tuesday to N1,390 on Wednesday

THEWHISTLER : Read More