The central bank (CBN) was forced to devalue the naira, following the steep fall in global oil prices which have eaten into the country’s oil revenues and foreign exchange reserves.
As the country’s apex baank battles to preserve macroeconomic stability, it devalued the naira by eight percent a
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JOSEPHINE OKOJIE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
