Naira hits 400/dollar as banks sell forex to BDCs

Oyetunji Abioye
The naira plunged to 400 against the dollar at the parallel market on Thursday as shortage of foreign exchange continued to have negative effects on economic activities in the country.
N100 note
The local currency had closed at 390 against the greenback on Wednesday.
The shortage…Naira hits 400/dollar as banks sell forex to BDCs

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