Tag: newletter

  • Market unfavourable for Naira devaluation- CBN

    Market unfavourable for Naira devaluation- CBN

    The Central Bank of Nigeria (CBN) has stated that market fundamentals do not support Naira devaluation this time around. The CBN made this known in a statement obtained by TNG made by the bank’s director, Corporate Communications, Mr. Isaac Okorafor in Abuja on Friday. Okorafor expressed shock at speculative activities at the foreign exchange market…