The Central Bank of Nigeria (CBN) is defending its aggressive intervention in the foreign exchange market, saying it is in a bid to forestall a steeper decline in the naira which has shed more than half its value already, following June 20’s big devaluation.
The apex bank was thrown on the defensi
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LOLADE AKINMURELE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
