5yr Free Fall: Naira crashes 108% against ‘French imprint’ CFA

A Central Bank of Nigeria (CBN) data has revealed that the naira has fallen by 108 per cent against the West African CFA (popularly known as CFA). As the West African CFA rallies to wipe out the hitherto wide trading gap between the two currencies, it gained 36 kobo from August 19, 2015 to close … Continue reading 5yr Free Fall: Naira crashes 108% against ‘French imprint’ CFA