Nigeria Finance Minister Gives Reason For Naira’s Slide
LAGOS SEPTEMBER 22ND (NEWSRANGERS)-Nigeria’s finance minister Adebayo Olawale Edun said up to $6.8 billion of overdue forward payments in the foreign exchange market need to be addressed before the naira stabilizes. The currency of Africa’s largest economy extended a months-long slide and hurtled toward the 1000-per-dollar mark in street trading on Thursday, as the central…