JUST IN: CBN moves to save naira, says speculators may be in trouble

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steps will be taken, according to the Central Bank of Nigeria (CBN), to stabilize the naira’s value relative to the dollar.

 

Following a meeting with President Bola Tinubu on Monday in Abuja, acting CBN governor Folasodun Sonubi talked with reporters.

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Sonubi said Tinubu was worried about the consistent fall of the naira against the dollar, hence efforts would be made to curb the situation.

 

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More details to follow…

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