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Tag: adopts Nafex rate#

Business Economy headline

CBN devalues Naira, adopts Nafex rate

Iheanyi Ejiofor May 25, 2021 No Comments adopts Nafex rate#CBN devalues Naira

The Central Bank of Nigeria has officially adopted the Nafex rate as the government’s official exchange rate for the naira, effectively devaluing the currency by 7.6 per cent. The bank…

Read More CBN devalues Naira, adopts Nafex rate

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