Nigeria’s Buhari Unconvinced After Devaluing Naira

Nigeria’s President Muhammadu Buhari says he is not convinced of the benefits of removing a currency peg that has seen the value of the country’s currency plummet. After 16 months of having the naira pegged at 197 to a dollar, the Central Bank of Nigeria (CBN) abandoned the fixed rate on June 20 and allowed the…

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ACTUALITÉ AFRICAINE À TOUTE HEURE

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