Yesterday’s 23 percent devaluation of the currency of fellow oil producer Kazakhstan amid an Emerging Markets (EM) selloff is leading the Central Bank of Nigeria (CBN) to re-iterate its position that the naira is appropriately valued and that speculators would lose bets made against the currency.
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PATRICK ATUANYA
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
