HOW CAN US DOLLAR HAVE MANY/DIFFERENT EQUIVALENTS TO NAIRA AT THE SAME TIME AND DAY
This is Nigeria, where everything good happens while nasty doings .And occurrence are forced to fame .have never seen a country like Naija, dollar at CBN rate N360 per 1$, at Investors and Exporters rate N382.86 to 1$ and at parallel market rate N455 to 1$. I throw this 3 questions to Naija ( 1)Who taught Naija economist this type of economic policy? (2) How is this economic policy helping Nigeria? (3) Is this not a great opportunity for fraud in CBN and high profile politicians who have access to dollars at CBN rate? They will simply send huge amount of money abroad at CBN rate, travel abroad and come back with cash who will question them and sell back to Bureau De Change operators at parallel market rate and make huge profit. Wow!! What a great business
I can't really say but if I ain't confused..... Then I'm not really keeping it real with you, please someone should help me and explain this using the comments section because I'm very much confused right now
This is Nigeria, where everything good happens while nasty doings .And occurrence are forced to fame .have never seen a country like Naija, dollar at CBN rate N360 per 1$, at Investors and Exporters rate N382.86 to 1$ and at parallel market rate N455 to 1$. I throw this 3 questions to Naija ( 1)Who taught Naija economist this type of economic policy? (2) How is this economic policy helping Nigeria? (3) Is this not a great opportunity for fraud in CBN and high profile politicians who have access to dollars at CBN rate? They will simply send huge amount of money abroad at CBN rate, travel abroad and come back with cash who will question them and sell back to Bureau De Change operators at parallel market rate and make huge profit. Wow!! What a great business 
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