Suspended Governor of the Central Bank of Nigeria, Godwin Emefiele
The Senate has expressed anger at the continued depreciation of the naira in comparison with other currencies especially the United States dollars, which went from N658 to N710 per dollar on Wednesday, black market rate.
It has therefore invited Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over the situation.
On Friday, the naira fell at the parallel market to N658 per dollar amid higher dollar demand.
The decision of the upper legislative chamber followed a motion by Olubunmi Adetunmbi, the senator representing Ekiti North.
CBN fines bank found hoarding cash N150m The Central Bank of Nigeria (CBN) has imposed…
Lagos-Calabar coastal road: Train track work begins 2025, says minister The Federal Government plans to…
Three days to Christmas, food prices, transport fares hit the roof According to the Universal Declaration of Human…
Three Ogun varsity students die in auto crash The Police Command in Ogun State has…
Dangote, MRS agree to sell petrol at N935/litre nationwide Dangote Refinery has announced a partnership with…
How another Nigerian was allegedly murdered by four South Africans The Nigerian Citizens Association in South Africa…