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Nigeria's Naira (NGN/USD) Clampdown on Forex, Crypto Traders - Bloomberg

Nigeria rounded up foreign currency street traders and took aim at a popular crypto trading platform in its latest effort to stem the free-fall of the naira.

The currency has declined sharply this week on the unofficial market — at one point on Thursday touching 1,900 to the dollar — widening its discount to the naira’s official rate and frustrating government efforts to unify the two.

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2024-02-23 09:05:21Z
CBMicmh0dHBzOi8vd3d3LmJsb29tYmVyZy5jb20vbmV3cy9hcnRpY2xlcy8yMDI0LTAyLTIzL25pZ2VyaWEtY2xhbXBzLWRvd24tb24tZm9yZXgtdHJhZGVycy1hbWlkLXBlcnNpc3RlbnQtbmFpcmEtd29lc9IBAA

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