Now Reading
Neusroom Explainer: Why Naira has continued to fall in the parallel market

Neusroom Explainer: Why Naira has continued to fall in the parallel market

CBN Governor Godwin Emefiele

It was a windy Saturday morning in 2020.  I accompanied a few maritime colleagues to the home of the National President of the Association of Nigerian Licensed Customs Agents, Iju Nwabunike.

He had just gotten off a call from the ports, when he appeared in the living room of his VGC home to see us. Apparently, freight forwarders were dealing with several bottlenecks of clearing amidst the coronavirus pandemic. 

Right there and then he told us, "There is coming a time when a dollar will sel...

neusroom membership

MEMBERS-ONLY

Hi there, thank you for reading Neusroom

Create your free account to join our community or
login below to continue reading if you are already one of us. Thanks!

 

© 2025 Neusroom. All Rights Reserved.

Scroll To Top