How to strengthen naira, by Nigeria's Sanusi

The Governor of Central Bank of Nigeria (CNB), Dr. Joseph Sanusi, said Monday, that the only way to strengthen the naira at the foreign exchange market was to increase productivity of locally made goods.

Speaking at the opening of the annual CBN seminar for finance correspondents and editors in Lokoja, yesterday he said that Nigeria must work for a stronger naira, export more and be less import dependent, All Africa news reported. "Let me stress that if we want a strong naira we must work for