Naira tumbles by 51.95% despite CBN’s defence measures

The fee of the naira to the greenback fell from 196.99 in December 2015 to 410 in April 2021, reflecting a 51.95 per cent decline despite the assorted international exchange policies introduced by the Central Financial institution of Nigeria to pork up the forex. According to a month-to-month doc got from the CBN’s online web page, the worth of…

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