Falana Drags CBN to Court Over Alleged Dollarisation of Economy

The Senior Advocate of Nigeria (SAN), in the suit marked: FHC/L/CS/476/23, is asking the Federal High Court in Lagos, to determine amongst others “Whether by virtue of Section 16 of the Central Bank Act the exchange rate of the naira shall be determined, from time to time, by a suitable mechanism devised by the Bank for that purpose?