Tag: Naira Again Stumbles to Dollar as CBN Vows Clampdown on BDC Operators

  The naira tumbled against the United States dollar at the parallel market on Wednesday, closing at 900/dollar. This came barely two weeks after the local currency was sold 960/dollar at the black market. The naira, which had gained in recent days, returned to a downward trend as the shortage of the greenback hit the…