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3232Nigerian Lawmaker Proposes Closure of All Domiciliary Accounts in Order to Save Imperiled Naira
https://www.digit.info/nigerian-lawmaker-proposes-closure-of-all-domiciliary-accounts-in-order-to-save-imperiled-naira/
Thu, 30 Sep 2021 10:30:47 +0000https://www.digit.info/2021/09/30/nigerian-lawmaker-proposes-closure-of-all-domiciliary-accounts-in-order-to-save-imperiled-naira/Read more]]>Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s Continuing Depreciation The call by Obanikoro comes nearly two […]
Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s Continuing Depreciation The call by Obanikoro comes nearly two […]