Nigerian Naira Falls To ‘N241 Per Dollar’

Market indications as at yesterday July 13th showed that the Naira is now 241 against a dollar.

Financial experts say the ban placed by CBN on importers from accessing Nigerian foreign exchange markets for the importation of 41 items has led to the volatility of the Naira-Dollar exchange rate at the black market.

"Now, where is Nigeria heading to under this new administration?" That's the question being asked on social media following this new, scary development.