The UK Export Finance Agency pre-approved status for the naira as a medium of exchange will enhance the financial position of small and medium enterprises, a financial expert has said.
Prof. Uche Uwaleke, the Head of Banking and Finance Department, Nasarawa State University Keffi, expressed the view in an interview in Abuja on Monday.
Uwaleke said that with such development, the naira had joined other 62 pre-approved currencies directly accepted for trade by the UK Government.Read full story.