“Two years ago, we had this kind of issue that even the funds got to an amount far higher than what it is now about $750 million.”
Why would the president of a country who supposedly gets periodic security updates from all security agencies not know that terrorists publicly vowed to abduct him?
Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators.
The figure represents a 0.8 percent depreciation from the N615 it traded the previous week.
The forum would allow all participants, including relevant government agencies, to explore ways to unlock the immense opportunities in Nigeria’s Non-Oil Export Sector.
The eNaira is a CBN digital currency issued and regulated by the apex bank and denominated in naira.
The Ex-CBN director noted that building new refineries had become necessary considering the size and population of the country.
Mr Garba blamed the recent collapse of the national grid on inadequate gas supply.
“All I can tell the whole world for now is that I am going to contest in the 2023 general elections as a governorship candidate, no matter what.”
An exchange rate of N444.00 to $1 was the highest rate recorded within the day’s trading before it settled at N418.88.
