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Thursday, 30 June 2016
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City: Agakabiriyao, Bayelsa
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And call us on 07088676564, receive it nowUnconvinced By Devaluing Naira After Currency Plunge
"I fail to appreciate the economic explanation," said the Nigerian president.
By Conor GaffeyOn 6/28/16 at 12:58 PM
Nigeria's Buhari Plans Talks With Delta Leaders Amid Increasing Pipeline Attacks
Nigeria’s President Muhammadu Buhari says he is not convinced of the benefits of removing a currency peg that has seen the value of the country’s currency plummet.
After 16 months of having the naira pegged at 197 to a dollar, the Central Bank of Nigeria (CBN) abandoned the fixed rate on June 20 and allowed the Nigerian currency to float freely. The exchange peg cont