The Central Bank of Nigeria has responded to calls for devaluation of the Naira made by the former Governor of the Bank who is currently the Emir of Kano, Mallam Muhammad Sanusi II.
CBN Deputy Governor, Corporate Services Directorate, Mr. Adebayo Adelabu, yesterday, while addressing journalists in Lagos, at the sidelines of the Investiture of the Chartered Institute of Bankers of Nigeria (CIBN), responded to Sanusi’s comment saying, “We are all aware of the CBN’s official position on this, that there will not be any further devaluation of the naira, and this has been communicated.”
“We have made the official position known to the public. There could be comments from various quarters of the economy but we have made our official position known
