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INTRODUCTION OF NEW NAIRA NOTES BY CBN
This is the situation on this currency change:
1). So many Nigerians have stacked Naira notes in their closets and are cut up with this policy of the CBN. There is a rush by ignorant Nigerians to convert their Naira to Dollars.
INTRODUCTION OF NEW NAIRA NOTES BY CBN
This is the situation on this currency change:
1). So many Nigerians have stacked Naira notes in their closets and are cut up with this policy of the CBN. There is a rush by ignorant Nigerians to convert their Naira to Dollars.
Naira is at all time low against dollar and it's going to go even lower. For example a man converts #10m to 12,500 USD at the current exchange rate.
#CBNNewNaira
#CBNNewNaira
It's easier to keep it with himself than to deposit in a Domiciliary account with a DMB because of the stringent policies around FX cash deposits. #CBNNewNaira
