Breaking: Finally, CBN floats the Naira

Breaking: Finally, CBN floats the Naira
16 June 2016, Abuja — The Central Bank of Nigeria, CBN, Wednesday announced what it termed the “automatic adjustment mechanism of the exchange rate” in a flexible foreign exchange regime aimed at reducing the pressure on the Naira. CBN has been under immense pressure to devalue the Naira for a while, which has been resisted […] More »
Breaking: Finally, CBN floats the Naira Breaking: Finally, CBN floats the Naira Reviewed by Crude Oil Facilitators on 06:26 Rating: 5

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