By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: Journalist claims he made a loss to protect Nigeria’s currency by refusing to change dollars at the black market rate
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > Metro > Journalist claims he made a loss to protect Nigeria’s currency by refusing to change dollars at the black market rate
Metro

Journalist claims he made a loss to protect Nigeria’s currency by refusing to change dollars at the black market rate

Godson
Last updated: October 12, 2023 6:51 am
Godson
Published: October 12, 2023
Share
SHARE

A journalist has claimed that he refused to change dollars at the official market rate even though his decision meant making a loss.

He explained that he took $500 to a Bureau De Change agent and asked to have it changed to Naira at the FMDQ rate of N763.53 per dollar even though the agents were changing at N1010 per dollar.

He explained rate he did this to protect the Naira.

He tweeted: “Took this $500 to Bureau de change. They said the rate is N1010/$1 which means I get N505,000. I rejected it & told him I would be changing at official FMDQ rate of N763.53/$1 so I got N381,765. I made a loss of N123,235 but it was worth it. Let’s protect our country and currency.”

Journalist claims he made a loss to protect Nigeria

You Might Also Like

Final year ABSU student killed by cultists is identified
EFCC arrests man for alleged Naira abuse in Gombe
It is embarssaing -Lady tackles men who go on dates with women and begin to calculate the cost
Outrage as video shows police officers using violent force on two unarmed black men in Spain (video)
Court remands 23-year-old man for hacking his father to death in Kwara

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • US says Green Card holders with criminal history face revocation and deportation
  • #Transfer: Osimhen delaying Morata’s departure from Galatasaray
  • Lord Mayor hosts Celtic FC players ahead of Super Cup game with Cork City
  • Actress Iyabo Ojo’s office gutted by fire (video)
  • Nicki Minaj reacts as judge rules harassment lawsuit against Megan Thee Stallion will proceed

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?