The official Investor and Exporter window of the foreign exchange market have witnessed a significant decline in the value of the naira against the dollar, losing 26.36% since the Central Bank of Nigeria (CBN) announced the clearance of $2 billion as part of its backlog obligations. On Monday, the CBN revealed that it had settled … Continue reading Naira Dips to 1082/$ Despite CBN’s Settlement of $2 Billion Debt