Central Bank Of Nigeria Devalues Naira By N6 In Move To Unify Exchange Rates
LAGOS NOVEMBER 28TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) on Friday devalued the naira by N6 to dollar. The naira devaluation has brought the local currency closer to the exchange rate unification agenda of the apex bank as recommended by the International Monetary Fund (IMF) and World Bank. In a weekly exchange rate for disbursement…