The Naira has lost over half of its value in one year since Yemi Cardoso assumed office as the Governor of the Central Bank of Nigeria (CBN). According to data from the FMDQ, the value of the local ...
Nigeria’s currency, the Naira depreciated by 51.5 percent against the dollar at the official market in the last year under Central Bank of Nigeria, CBN, governor, Olayemi Cardoso. This comes as ...
The naira's value has dropped by more than 50% since Yemi Cardoso took over as governor of CBN a year ago In spite of this, the value of the foreign exchange reserves has gained significantly by 12% ...