Under the governorship of Godwin Emefiele, the Central Bank of Nigeria has failed to mitigate the national currency’s free fall.
The financial regulator urged the federal government to take on urgent measures to cope with debt burden.
Listings on the platform showed the naira which exchanged for N620 as at Monday, now trades at N630 against the dollar on Wednesday afternoon.
OPEC said the figure showed an increase of 5,000 barrels per day when compared to the 1.233 million bpd produced averagely in the month of May 2022.
Mr Moghalu said invitations had been extended to him by several political parties to be a presidential candidate in the 2023 general elections.
In the briefing on Saturday, Mr Soludo discussed how he was addressing the insecurity that has ravaged the state since becoming governor.
“The poverty in this country is simply too much to ignore anymore and if it continues, it will lead to a social revolution.”
This represents a 0.26 depreciation from its value on Thursday where it was traded at N419.25.
The president’s directive came via a circular on Thursday that asked multiple categories of public officeholders seeking different elective positions next year to quit.
