CBN devalues Naira, restores uniform exchange rate of N380/USD - Linda Ikeji's Blog

The Central Bank of Nigeria has made an alteration in exchange rate of dollar to Naira as confirmed in a communique to all banks and Bureau De Change on Friday March 20. The apex bank on Friday sold dollars to deposit money banks at the rate of N380 to one dollar signaling the official return of a single exchange rate regime in the country’s foreign...

CBN devalues Naira, restores uniform exchange rate of N380/USD - Linda Ikeji's Blog