Channels Television
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Naira Fall Crippling Nigeria's Economy
Posted
September 29, 2021
Views
16,362
September 29, 2021
16,362
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9:07Now PlayingNigeria has been fighting hard to defend the naira fall against the US dollar for years now.
To reverse this steady trend, the Central Bank of Nigeria ordered a stop of supply of forex to bureau de change operators, also pumping billions of dollars into commercial banks' foreign exchange market yet the value of the naira continues to plummet.
Today, a US dollar exchanges for almost six hundred naira in the parallel market.
Gist Nigeria speaks to experts to find out what must be done urgently to salvage the economy and save the country's currency from a further dip.
Gist Nigeria is a 30-minute current affairs programme, co-produced by Channels Television and the BBC. The program offers in-depth reporting, focusing on stories behind the news and their impact on its audience.
Gist Nigeria airs at 9pm on Wednesdays on
Channels TV and Channels 24 (UK) on Sky 518.
Show time slots:
WEDNESDAY 9.00pm On CHANNELS TV & CHANNELS 24{UK} On SKY 518 [New Edition] REPEAT: * THURSDAY 3.30pm On DSTV * FRIDAY 6.30pm On Terrestrial * SUNDAY 11.30 am On Terrestrial * SATURDAY 12.30pm CHANNELS 24{UK} ON SKY 518
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