News
CBN Devalues Naira Again, As Oil Price Continues Dwindling
The Central Bank of Nigeria (CBN) has today, November 25, announced the devaluation of the naira, with the new exchange officially at N168 to a dollar, and no longer N155.
The CBN officials explained that the move to lower the value of the naira against the dollar was aimed at strengthening the currency in the course of the dwindling oil price.
CBN governor Godwin Emefiele also urged the government to speed up the process towards the immediate passage of the Petroleum Industry Bill (PIB) pending passage for the past two years.
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Celebrity Gossip & Gist1 day agoMoment stage collapses on Odumodublvck during concert performance (Video)
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Economy1 day agoPresident Tinubu cancels Lagos engagements in honor of food stampede victims
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Celebrity Gossip & Gist1 day ago“The quality of a woman isn’t measured by the hair on her head but by her brain” – Yul Edochie cautions ladies against killing themselves over expensive hair this Christmas