Tag Archives: IMF

Billionaire business man and Chairman of Capital oil, Ifeanyi Ubah, has said if given the chance, he can make the dollar return back to N200 within one month. Ubah said this during an Interview with Channels TV on February 21st. He said : “Look at the position of the Naira …

Nigeria’s naira fell 1.5 percent to a new low of 265 to the dollar on the unofficial market on Wednesday after the central bank rationed dollar supplies this week, traders said. The bank cut the amount it sold to each of the 2,270 retail money exchange brokers that participated in …