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  • Updated: July 27, 2022

Ebuka Obi-Uchendu Reacts As Naira Falls

Ebuka Obi-Uchendu Reacts  As Naira Falls

Ebuka Obi-Uchendu has reacted to the news of the naira's crash against the U.S dollars.

The naira crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex.

Checks on Wednesday showed the current parallel market rate pegged at N710 to a dollar.

The national currency, which traded for N670 against the dollar on Monday, has fallen even further by 6.7 per cent in two days as of Friday afternoon, according to data from Aboki Forex.

Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators.

Ebuka Obi Uchendu gave an exclamation of shock in response on his Twitter page.

See the tweet below:

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