From frying pan to fire: How Naira Loses Over 50% of Its Value After Cardoso Took Over From Emefiele

From frying pan to fire: How Naira Loses Over 50% of Its Value After Cardoso Took Over From Emefiele …C0NTINUE READING HERE >>>

The Naira’s value has dropped by more than 50% since Yemi Cardoso took over as governor of CBN a year agoIn spite of this, the value of the foreign exchange reserves has gained significantly by 12% within this periodThe continuous external pressures have overshadowed the CBN’s efforts to mitigate external shocks and increase liquidity

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Since Yemi Cardoso became the…

>

Leave a Comment