The fact is that the corruption in my country Nigeria is not just the unimaginable exchange rate between the naira and the US dollar, the government redesigned our naira notes to reduce corruption and it was sabotaged we have to buy our local currency in our country. If I need 1000 naira note I need to pay additional 500 naira for the 1k naira which madness this in dollar term is if you want to withdraw $1 you have a pay a $0.5 charge. Imagine what then the naira to dollar conversion or exchange rate will look like.
I'm not too sure this sinking ship could be salvaged.
#LeoFinance
You are viewing a single comment's thread from: