CBN Hike Interest rate: Naira Gains Value, U.S Dollar Crashes
There is massive jubilation in Nigeria over Naira that gains value with correspondent crash of U.S Dollar after CBN hikes interest rate. U.S Dollar crashed on Wednesday 28th by 6.45 percent to N1,450 from N1,550 sold on Tuesday 27th on the parallel market, mostly referred to as black market, after the Central Bank of Nigeria…