• I Do Not See The Benefit Of Devaluation Of Naira – Buhari

    I Do Not See The Benefit Of Devaluation Of Naira – Buhari

    President Muhammadu Buhari insists he is still opposed to the devaluation of the naira despite the removal of the official peg by the Central Bank of Nigeria (CBN).

    He was speaking in Abuja on Monday evening at the breaking of the Ramadan fast with the business community when he made the statement.

    Buhari has consistently spoken against devaluation, but the CBN recently removed the official peg of N197-N200/$1 after 16 months, with the national currency already exchanging for over N370 in the […]