Cardoso what’s wrong? Nigerians ask questions as naira depreciates further

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Cardoso what’s wrong? Nigerians ask questions as naira depreciates further

The fall of the naira came after its consistent appreciation against the dollar. The downward trend of the naira against the dollar has prompted Nigerians to pose questions to Yemi Cardoso, the Governor of the Central Bank of Nigeria about the continued depreciation of the currency. The slump started on Monday, April 22, 2024, when the naira slightly depreciated in the official market, trading at ₦1,234.49 to the dollar. By Wednesday, April 24, …