Andrews Elueni
Central Bank of Nigeria (CBN)
Economic and Financial Crimes Commission (EFCC)
Economics
Exchange rate
naira depreciation
President Muhammadu Buhari
Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End
The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new low of 900 naira for every dollar. The currency has continued to…