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News : Business

The case ‘for and against’ floating the naira

By CNBC
03 Feb 2019   |   9:00 am   |   6m 25s
Governor of the Central Bank of Nigeria, Godwin Emefiele says allowing the naira to float freely would have caused a currency crisis and capital flight. He made the remark in response to a question about the bank’s currency restriction imposed in 2015.


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