CBN Debunks Report on Devaluation of naira

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The Central Bank of Nigeria has debunked the reports that it has devalued the naira.
CBN in a statement signed by Acting Director Corporate Communications, Isah AbdulMumin, said the dollar traded at N465/$1 contrary to reports.
The apex bank described the report that the CBN on Wednesday devalued the naira to N630 to $1 from N461.6 as outright falsehood and destabilising innuendos, reflecting potentially wilful ignorance of the said medium as to the working of the Nigerian Foreign Exchange Market.

Written by: Helen Obih

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FG, JOHESU to Meet Today Over Striking Health Workers

The Federal Government and the striking Joint Health Sector Union (JOHESU), will reconvene today in a bid to find a resolution to the ongoing indefinite strike. National Vice-chairman of JOHESU, Obinna Ogbonna, who disclosed this on Thursday, said the meeting with the Federal Ministry of Labour and Employment will hold today by 12 pm. The unions had met with the government last Thursday, but the meeting ended in a deadlock. […]

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