Despite FX scarcity, Naira plunges to N400/$, pilgrims to get dollars at N197

05 August 2016, Lagos — Despite the shortage of foreign exchange in the country and continuing slide of the naira on the parallel market, the Central Bank of Nigeria, CBN, on Thursday announced the federal government’s approval of N197 to the dollar for intending pilgrims travelling for the 2016 hajj in Saudi Arabia. The naira […] More »