JUST IN: NIGERIA: Denies any devaluation of the Naira and no request for loan or assistance from the IMF applied for to date – @AceFinanceNews

#AceFinanceNews – May.15: Nigeria denies report of plan to devalue naira; no request for IMF funds

Nigeria’s central bank denied a report that it planned to devalue the naira, while the International Monetary Fund (IMF) reiterated that Nigeria would benefit from a more flexible exchange rate but said no request for funds had been made.

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