CENTRAL BANK OF NIGERIA DEVALUING NAIRA FROM 370 TO 410 GENERATE REACTIONS.
Written by miebaka ikiriko on May 28, 2021
Central Bank of Nigeria devaluing of Naira from 370 to 410 is eliciting reaction from the general public.
Reacting to this new development in chat with Radio Rivers Correspondent, Happiness Morrison some respondents Samson Uriel, Stella James, and Mr Bariaseredum lauded the step taken by the Apex Bank.
Others however, reacted negatively to the proposal noting that devaluing of the Naira is not the right option because commodities will be more expensive to import from overseas and other business in the Country will also be affected.