No further devaluation of the Naira, CBN replies Sanusi
The Central Bank of Nigeria (CBN) yesterday dismissed the call for further devaluation by the Emir of Kano, and immediate past Governor of the bank, Mallam Muhammad Sanusi II, saying there would be no further devaluation of the naira.
Bank indicts EFCC over N2trn seized assets
More facts emerged, yesterday, that the Economic and Financial Crimes Commission, EFCC, may have allegedly tampered with the N2 trillion seized assets and money recovered by the commission.
Naira falls by 98k despite CBN’s $500m
The Naira depreciated by 98 kobo at the interbank foreign exchange market and by one kobo at the official market in spite of $500 million sale by Central Bank of Nigeria.
