CBN Not Lowering Naira

The Central Bank Governor, Mr Goodwin Emefiele has yesterday said there would be no more devaluing the Naira.

He briefed news men after a meeting with the Vice PresIdent Osibanjo

" We have Instead introduced PAVE, that is produce locally,export your products and earn foreign exchange"

The CBN devalued the Naira in February but The IMF wants it to shed some of its value.

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