Business Men Cry Out As Naira Fall's To 208 Naira To One Dollar

Like a business mogul said economic disaster is gift and a curse to people , while some are jubilant cause of the continuous fall of the Nigerian Naira some businessmen are really not happy ,


The Naira, on Friday, depreciated against the dollar as it traded at N208 from the N191.50 it sold for on Monday, January 19.

According to Nomso A businessman based in. Abuja he said "I just hope I don't go bankrupt cause have lost more than 40percent of my stock value in the last 3months , the government better do something about it before some of us are forced to do something else''



The News Agency of Nigeria (NAN) reported that the new rate had made the naira to lose N16.50 within five days.

 even at this it is reported that Banks still exchange a dollar for 160Naira which is not suppose to be