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Osinbajo, Ex-CBN Governor Sanusi Differ on Devaluation

The Vice President, Prof. Yomi Osinbajo, on Saturday reaffirmed the position of the Federal Government that the country’s currency would not be devalued in...

Devaluation of Naira, Not Appropriate Option-Osinbajo

The Buhari regime has turned down the option of devaluing the nation's currency-Naira- recently canvassed by former CBN governor and Emir of Kano, Sanusi...

CBN Devalues Naira for 2nd Time in 3 Months

The Central Bank of Nigeria abandoned weekly foreign-exchange auctions, a key part of its currency-management system, effectively devaluing the naira for the second time...