News
[JUST IN] Forex Crisis: Customers Stranded As Abuja Black Market Traders Close Shops
EKO HOT BLOG reports that customers seeking to buy or sell dollars were on Thursday, February 1, stranded as the Foreign exchange black market operators in Abuja, including those at the bustling Wuse Zone 4 market, abruptly stopped trading.
Many customers were sent back by the union’s Task Force.
EDITOR’S PICKS
- Trailer Driver Falls Off Lagos-Ibadan Expressway Bridge In Lone Accident
- Tinubu Deploys 140 Officials To Monitor Performance Of Ministers
- Subsidy Removal: Sanwo-Olu Ends 25% Transport Rebate In Lagos
The Nation observed that the association’s Task Force was all out to ensure compliance and arrest BDC operators selling or buying forex.
Forex Scacity
Major areas for sourcing foreign exchange in Abuja such as the Zone 4 Plaza, Musawa Plaza, Bulama House, Fabdal Plaza and Baura House are all closed for business the Nation observed.
FURTHER READING
- Plateau State In Crisis: Escalating Violence Needs Urgent Federal Intervention
- Tinubu Appoints Rector For Nasarawa Poly
- ‘We Killed Civilians In Nasarawa’ – Air Chief Seeks Forgiveness
The traders attributed their decision to instructions from their union and a significant depreciation of the Naira against the US dollar at the official market.
Click to watch our video of the week
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611
