Checkout This Throwback Photo of CBN Staff Setting Value of Naira in Lagos in 1987

Posted by George on Wed 18th Nov, 2015 - tori.ng

This is a photo of some members of staff of the apex bank in Nigeria working meticulously to set the value of the Naira 28 years ago.

CBN workers putting heads together
 
The devaluation of the naira by the Central Bank of Nigeria, CBN used to take a couple of rigorous procedures in the past which are synonymous to the class-room activities but technology today has changed the procedures. The picture above depicts the mode of operations in the year, 1987.
 
See what a social media user has to say about the development over time:

"We have come a long way as a country.When you see some of the things that happened in the past,you begin to ask yourselves questions like so we were like this as a country before.Check out this throwback picture of staff of Central Bank of Nigeria (CBN) setting the value of the Naira in a weekly session in 1987.Compare it with how CBN set the value of naira now"
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