• Finally, Nigeria Now Ready to Devalue Naira – VP Osinbajo

    Finally, Nigeria Now Ready to Devalue Naira – VP Osinbajo

    Vice President, Professor Yemi Osinbajo, in the presence of the current economic challenges facing the country, said on Wednesday that Nigeria is in the move to “substantially re-evaluate” its foreign exchange policy, adding that a “more flexible approach” to the currency should be expected “soon.”

    He told investors, “We expect that with a more flexible policy, we will be able to attract more capital into the system and ease business.”

    This was contained in his speech on Wednesday evening while addressing investors […]