On November 25, 2014, after an extensive meeting, the Monetary Policy Committee (MPC) of the CBN announced the devaluation of the country’s currency by N13.00 so that the Naira would now exchange to the dollar at N168. With this announcement, Brent crude immediately dropped by 4% to $74/bbl. – a
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Tolulope Aderemi
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
