http://www.vanguardngr.com/2015/12/naira-depreciates-to-n270-in-parallel-market/

The Naira Wednesday depreciated further to N270 per dollar at the parallel market, following reduction of dollar sales to bureaux de change (BDCs) by the Central Bank of Nigeria (CBN).

Vanguard Investigation revealed that from N260 per dollar at the close of business on Tuesday, the parallel market exchange rate rose sharply to N270 per dollar in Lagos, indicating N10 depreciation.

But in Abuja, the parallel market exchange rate rose from N262 per dollar to close at N273 per dollar, indicating N11 depreciation.

BDC operators, who confirmed this development to Vanguard, said that the sharp depreciation was due to further reduction in the weekly dollar sales by the CBN.

President, Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe to Vanguard that though the CBN increase the number of BDCs it sold dollars to from 1,170 last week to 2,270 this week, it however reduced the amount of dollars sold to each BDC by 60 percent from $30,000 to $10,000.

Getting tougher

Yaaaaaay

Babaeeeeeeeeee! Why did i vote for u chai chinekeeee! What did we do to deserve this.

Chaii.
We r doomed

Next year gona be tough

Technocrat1759:
Babaeeeeeeeeee! Why did i vote for u chai chinekeeee! What did we do to deserve this.

I tink ur askin ur sef abi lol

Technocrat1759:
Babaeeeeeeeeee! Why did i vote for u chai chinekeeee! What did we do to deserve this.

you didn't vote for him, talk true. Except if your default program has been modified by reality virus which functions to make you see as human and not as robot which suffers and smiles because it is how it was coded to behave. Sorry nobody who voted him who has seen anything wrong with his government yet. That was why I doubted you.

This change will surely roast everybody before 2019 including the change chanters. Please have our heavenly ministers started working? Nothing seems to be changing for good rather it is for bad.

Only God can save us

Its only the rich that will cry, poor man drinks garri which grows in the farm.

Nigeria in free fall since May 2015

It's still 198 to 199 officially.
They need to scrap and stop bureau de change.

Space tinw

This is the CHANGE y'all dumbass niccurs voted for

Stewpid kunu drinking dullar.d being stewpidly clueless as usual again... All he cares about is Dasuki...


Somebody tell the fûcktard that Nigeria is more important than Dasuki and not the other way round

the CBN governor is an inherited PDP cancer to APC. Godwin Emefiele needs to be removed

the effect of reckless looting in dollars..

na only God fit help this country... with d way GEJ and his goons scattered everytin..

at times I wonder if that man has B.Sc. talkless of phD.

if na me be PMB... i won't even stress mysef... let evrybody suffer d effect of stomach infrastructure

[size=15pt]Buhari/APC have turned Nigeria to a banana republic.[/size]

Hw Does Dat Affect D Price Of Elubo in my village

flokii:
the effect of reckless looting in dollars..

na only God fit help this country... with d way GEJ and his goons scattered everytin..

at times I wonder if that man has B.Sc. talkless of phD.

if na me be PMB... i won't even stress mysef... let evrybody suffer d effect of stomach infrastructure

Read ur post !

Does it make any sense to u?

Ok

darlenese:



Read ur post !
Does it make any sense to u?

I dnt expect it to tho.
who gives a fvck about you
buh m sure those posts blaming APC makes sense to you..

After seven months of governance, Bubu's propaganda government will still blame this on GEJ, we are being scammed

moneybag100:
It's still 198 to 199 officially.
They need to scrap and stop bureau de change.

Stopping the operations of Bureau De Change completely will further worsen the economy