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Dollar Gains To N9 At Black Market As Tinubu Vows To Unify Exchange Rate

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The black market opened on Monday at N763 against the US dollar but dropped by N9 at the close of trade.

He said, “Monetary policy needs thorough house cleaning. The Central Bank must work towards a unified exchange rate.

“We shall ensure that investors and foreign businesses repatriate their hard earned dividends and profits home.”A former minister for agriculture and current president of the African Development Bank , Dr. Akinwumi Adesina, has received kudos for giving a lucid, thought-provoking speech at the inaugural lecture of the new president of Nigeria, Asiwaju Bola Ahmed Tinubu.

The expert, who said he had followed the activities of the Buhari administration over the years, thanked Adesina for his “forthrightness and foresight in shaping the African Development Bank to the envy of other international financial institutions.”

 

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