Friday, 18 December 2015

Nigeria crumbling economy

How worse can it get, as we keep hoping for a better Nigeria.

The Nigerian Naira has experienced crashes recently and now another crash has occurred in the worth of the Nation's currency.

The Nigerian Naira is now valued at  N280 as against a dollar.

This unfortunate occurrences are said to have started after CBN, the Central Bank of Nigeria, stopped the sale of Foreign exchange to a number of Bureau De Change (BDC) as a result of improper documentation which analysts analyzed and said would lead to inflation and also affect the profitability of businesses.

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