CVFF not held in dollars as naira conversion eroded $700m fund’s value – Omatseye
The Sun Nigeria's headline. Reported by The Sun Nigeria, Nigerian Tribune.
What The Sun Nigeria reported
The former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has explained that the $700 million Cabotage Vessel Financing Fund (CVFF) was converted into naira rather than retained in dollars, exposing its value to the impact of exchange rate depr
The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.
CVFF not held in dollars as naira conversion eroded $700m fund’s value – Omatseye. The former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has explained that the $700 million Cabotage Vessel Financing Fund (CVFF) was converted into naira rather than retained in dollars, exposing its value to the impact of exchange rate depr Covered by 2 publications. The Sun Nigeria: CVFF not held in dollars as naira conversion eroded $700m fund’s value – Omatseye. Nigerian Tribune: Naira conversion has eroded $700m CVFF value — Shipowner.
Who is covering it
- The Sun Nigeria Nigeria CVFF not held in dollars as naira conversion eroded $700m fund’s value – Omatseye The former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has explained that the $700 million Cabotage Vessel Financing Fund (CVFF) was converted into naira rather than retained in dollars, exposing its value to the impact of exchange rate depr 29 Oct · Tier 3
- Nigerian Tribune Nigeria Naira conversion has eroded $700m CVFF value — Shipowner Former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has explained that the $700 million Cabotage Vessel Financing Fund (CVFF) has been converted into naira rather than retained in dollars, exposing its value to the impact of exchange rate dep 21 h ago · Tier 3
Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.
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