Naira faces unprecedented volatility as BDC operators raise alarm

The Association of Bureau De Change Operators of Nigeria (ABCON) has sounded the alarm over the escalating instability of the naira, describing it as one of the most unpredictable currencies in the world. The association attributed the situation to a combination of trade wars, interest rate fluctuations, and speculative attacks. ABCON President, Aminu Gwadebe, expressed [...]The post Naira faces unprecedented volatility as BDC operators raise alarm appeared first on National Daily Newspaper.

Read More