Naira Now N500 to A Dollar

The prediction of some Economic analysts have finally come to pass Naira is now N500 to a Dollar this has become so despite the Measure adopted by the CBN to reduce the Gap between the Parallel and interbank Rate.

The Official rate remains N305 to a Naira. Most Economic analysts have said the Naira should be devalued to allow for the true value money to be know but the government has refused saying the Naira will not devalued as it strong.

The government has threatened