What do you think?. Does it make sense to you?. A while back, Nigeria was ranked as the 3rd most corrupt country in the world and yet, the dollar to Naira rate was not as bad as it is now. A couple of days ago, it shot up to N400 to $1, which is the highest it has gone up to in the history of the Dollar to Naira currency exchange.
I wonder why this sudden rise and fluctuating of the Dollar to Naira rate. It's definitely not in favour of alot of things, business for example. If the Nigerian government can find a way around this, the sooner the better.
Meanwhile, the Dollar to Naira exchange rate is currently N367 to $1. This is good!. It's dropping by the day and I hope this continues till it goes back to N150 to $1 or less.
We are watching...
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