The Joint Senate Committee On Finance, Banking, Insurance and Financial institutions is currently having an interactive session with the Economic Management Team over the recent fall of the naira.
Leading reporters reports the Economic Management Team includes officials of the Central Bank of Nigeria (CBN) led the governor, Yemi Cardoso.
The committee had on January 31 summoned the CBN governor to appear before it.
The move comes amid pressing concerns about the state of the economy and the sharp decline of the naira in the foreign exchange market.
The Senate is seeking answers and solutions from Cardoso and his team to stabilise the currency and restore confidence in the economy.
More to follow…
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