Central Bank of Nigeria (CBN) to flood economy with US dollars

Femoo · « **on:** May 26, 2009, 04:01:30 PM » (Read 4876 times)

Hope arises as to the fact that Nigeria Naira NGN will soon bounce back alive against foreign currencies. Professor Chukwuma Soludo, Governor of the Central Bank of Nigeria (CBN), Nigeria apex bank said CBN will flood Nigerian economy with dollars as it has liberalised the foreign exchange market. Full news at http://www.tribune.com.ng/25052009/news/news3.html

Author: · « **Reply #1 on:** June 23, 2009, 09:27:28 PM » (Read 4876 times)

Any significant impact so far? check at xe.com come with Live rates at 2009.06.23 20:19: 54 UTC
1.00 USD = 146.700 NGN
United States Dollars Nigeria Nairas
1 USD = 146.700 NGN 1 NGN = 0.00681663 USD

MyNaija · « **Reply #2 on:** December 17, 2009, 03:41:14 PM » (Read 4876 times)

and today, 1 USD = 150.779 NGNmay the hope come to realization more quickly

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Femoo