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CBN Predicts Further Naira Exchange Rate Low As Inflation Surges

A member of the Central Bank of Nigeria (CBN) Monetary Policy Committee,  Dr. Mo’ Omamegbe, has projected that Nigeria’s surging  inflation will further devalue the exchange rate of the Naira as cost of producing import-dependent products continues to rise month-on-month in the country. Omamegbe, who is a former Head of Strategy Securities and Exchange Commission […]