While speaking, Senator Shehu Sani noted that the stubborn United States Dollar is no longer afraid of the Central Bank Governor, Mr Yemi Cardoso. CONTINUE FULL READING>>>>>
Senator Shehu Sani made this disclosure in a post he made on his official X handle on Saturday afternoon, while reacting to the continuous depreciation of Naira, against the United States dollar. He wrote: “Stubborn dollar no de fear Cardoso again ”
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The Nigeria’s currency, the Naira, reportedly depreciated three times against the dollar in the last week in the foreign exchange market.
The FMDQ data disclosed that the naira depreciated to N1,169.99 per dollar at the foreign exchange market on Friday, compared to N1,154.08 on Thursday. This represents a loss of N15.91 compared to the figure traded the previous day.
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