Reps ask CBN to prevent further slide of Naira against USD

Reps ask CBN to prevent further slide of Naira against USD

The House of Representatives has asked the Central Bank of Nigeria (CBN) to halt the downward spiral in the value of the naira against the dollar.

The lawmakers reached the decision on Wednesday after debating a motion of matter of urgent public importance moved by Bamidele Salam (PDP, Osun) during plenary.

PREMIUM TIMES had reported the depreciation of the Naira against the Dollar at the Investors and Exporters (I&E) window.

Data from the I& E window showed that the naira closed at N411.50, a 0.11 per cent decline from N411.07 it traded on Monday.

The…

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Reps ask CBN to prevent further slide of Naira against USD

 

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