Showing posts with label Naira Devaluation. Show all posts
Showing posts with label Naira Devaluation. Show all posts

Friday, 3 July 2015

Why We Won’t Devalue The Naira – CBN

Emefiele CBN Governor
 The Central Bank of Nigeria, CBN, Friday, disclosed that its decision not to undertake a further devaluation of the naira was borne out of the need to safeguard the Nigerian economy from the shocks and negative impact the depreciation will have on the economy.