CBN’s decision on Naira to unlock $1.5 bln loan from IMF

In the last five years, Naira has been officially depreciated more than 92% from N197 to a United States dollar in 2015 to N379 as of April but then scrapped and replaced by NAFEX rate priced at N410.25. CBN will continue to drive the Naira-for-Dollar scheme to foster the inflow of dollar from abroad Nigeria’s […]