Naira now trading at 545/$ in parallel market

British pound on the other hand, was trading at N740 across the same markets. This is coming after the Central Bank of Nigeria announced it would no longer sell forex to BDC traders.

Naira now trading at 545/$ in parallel market

It was reported earlier that the Economic and Financial Crimes Commission (EFCC) is working with the CBN to rein in on banks who are found selling forex for unauthorised reasons.

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See some comments on the development below…

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