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Nigerias unproductive economy weakening value of naira Moghalu

Published by Punch on Sun, 10 Oct 2021


A former Deputy Governor of the Central Bank of Nigeria, Prof Kingsley Moghalu, has blamed the continuous depreciation of the naira on Nigerias unproductive economy. Moghalu said the country cannot determine the exchange rate of its currency when it depends largely on one commodity. According to him, the only thing Nigeria exports is crude oil, Read More
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