‘New Naira Note Can Last A Long Time’– CBN Faults Claims Of Decomposing Currency

Nigerian investors are losing a lot to the devaluation of the naira, but they must invest in dollar denominated assets to hedge against the depreciation, the Managing Director of Afrinvest Securities Limited, Ayodeji Ebo, has said.

Dollar denominated investments are assets, securities and transactions priced in US dollar.

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