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.
-
Lifestyle1 day ago
Nigerian man finds out his apprentice slept with his wife (Watch)
-
Celebrity Gossip & Gist1 day ago
Mohbad wife Wunmi reportedly undergoes two DNA tests
-
Lifestyle2 days ago
Churches pay me N7000 to fake ‘miraculous healing’ – Woman confesses
-
Celebrity Gossip & Gist1 day ago
“This is so sweet” – Chioma spotted grinding her waist against Davido during her birthday celebration in Jamaica (Video)