Weak Naira Has Certain Advantage – CBN Gov …C0NTINUE READING HERE >>>
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday revealed that the weak naira helps boost Nigeria’s exports to other nations.
Cardoso made this claim in Abuja during the Nigerian Economic Summit (NES).
The Governor of the apex bank noted that there are opportunities for people to invest despite the weak currency.
He said, “In terms of persuasion, what we need now is to ensure that investments are here. Take, for example, now it may seem like a threat in the sense that the exchange rate has come down so low.
“But that also is an opportunity because…
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