President Muhammadu Buhari insists that the Naira won’t undergo devaluation

President Muhammadu Buhari has continually insisted that he would not approve any further devaluation of the Naira. President Buhari said that Nigeria, which is not an exporting nation, would be worst hit if the Naira was devalued. He noted that only the Western countries, with lots of items to export, could benefit from the economic… Read More President Muhammadu Buhari insists that the Naira won’t undergo devaluation

President Buhari denounces devaluation of Naira

President Muhammadu Buhari said,on Wednesday, in Paris, France, that he opposed a further weakening of the naira and openly endorsed the Central Bank of Nigeria, CBN’s policy of restricting foreign-exchange trading. The President, who was answering questions in an interview with France 24 broadcast, said: “I do not think it is healthy for us to… Read More President Buhari denounces devaluation of Naira