Custodians of Truth

Tag: Deputy CBN governor

Naira depreciates by 0.64% amid CBN gov’s suspension

At the Investors and Exporters window on Friday, the naira lost more value relative to the dollar, trading for N472.50. In comparison to the N469.50 it swapped for the dollar on Thursday, the local currency experienced a 0.64 percent decline. […]

Cash Limits not Anti-People, CBN Insists, Reps Knock Emefiele

The policy limiting cash withdrawals was defended by the Central Bank of Nigeria on Thursday, stating that it was not intended to target the weak. Aisha Ahmad, the CBN’s deputy governor for financial system stability, defended the policy while testifying […]