The currency had exchanged for N424, N550 and N471 against the dollar, pound sterling
and the euro, respectively on Tuesday.
The funny thing is Nigerians find themselves at a double edged junction.While every Nigerian wants the country to prosper and the exchange rate drop,everybody that i know in diaspora and that includes your truly wants it to stay at this rate longer so they can make some profit by sending some money home.
Now i know that is a very selfish measure to take,but that is human nature for you,people will take care of their needs first before the collective.
But i seriously hope this Naira exchange rate news brings a better report soon and comes down,we can't continue like this surely.