Naira Continues Free Fall As NNPC’s Bid For $3bn Loan Drags

There are growing concerns that the much celebrated  $3 billion emergency loan from the African Export-Import Bank to stabilise the country’s volatile foreign exchange market by the Nigerian National Petroleum Company Limited (NNPC) is footdragging, leading to the continuous free fall of the Naira to the dollar. Daily Trust findings show that the Central Bank … Continue reading Naira Continues Free Fall As NNPC’s Bid For $3bn Loan Drags