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Senate to invite Emefiele as naira crashes to N710 per dollar

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Godwin Emefiele, CBN governor

The Nigerian Senate, on Wednesday, said it would summon the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over inflation and naira devaluation which has caused Nigerians more hardship.

The senators lamented that the United States dollar to naira had now risen to N700 which was very sad and calls for immediate action.

Naira presently exchanges at N710 to the dollar at the parallel market.


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