₦airaland Forum

The Senate, on Wednesday, through its Committee on Banking, Insurance and other Financial Institutions, summoned the Governor of Central Bank of Nigeria, Olayemi Cardoso, to appear before it on Tuesday next week to answer questions on the state of the economy and the free fall of naira in the forex market.

The Committee, chaired by Senator Adetokunbo Abiru (APC Lagos East), met on Wednesday when the naira plummeted to N1,520 to a US dollar and resolved to summon the CBN governor on the way out.

The naira at the official window on Tuesday, fell at an all-time low of N1,482 to $1.

The local unit had closed at 1,348 against the greenback on Monday after the FMDQ Security Exchange reviewed the methodology used for the calculation of its rates.

https://punchng.com/breaking-senate-summons-cbn-gov-on-state-of-economy-naira-free-fall/?amp

G

That's what you get when you appoint friends into sensitive positions whether they are qualified or not

The worst CBN Governor in the world

longetivity:
The worst CBN Governor in the world

Is emiefele

This man needs to do something drastic.

longetivity:
The worst CBN Governor in the world

Na Emefiele get that one

Blankett2:
Please do something fast we are dying everyday

There is nothing he can do. He is bereft of ideas .