Nigeria: Speculators, currency traffickers lose heavily as dollar continues freefall

*CBN pumps more dollars to BDCs, rate now N450/$ *Many resorting to fake Dubai and Turkish visa/travel tickets from unconfirmed agents to buy PTA 25 February 2017, Abuja — Speculators and naira traffick- ers have gotten their fingers severely burnt as the naira sustained its upswing against the U.S. dollar on the parallel market yesterday. […] More »