Tag: Naira will fall from N570/$1 to N400/$1 at black market if… – CBN ex-deputy gov

A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall from N570/$1 to N400/$1 at the parallel market if there is a massive rush of dollars into the Nigerian market through export earnings.   Moghalu made this known in a PUNCH Live Interview on Thursday.…