Nigerian Tycoon Elumelu Says New Central Bank Leadership to Boost Naira
- Naira plunged on the unofficial market to 992 to a dollar
- Nigeria appointed ex-Citibank executive as acting governor
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Nigerian tycoon Tony Elumelu said new leadership at the nation’s central bank will help restore confidence the nation’s currency.
Olayemi Michael Cardoso formally assumed duties as acting governor of the Central Bank of Nigeria on Friday, pending his confirmation by the Senate.