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FX policy

Money market

BDCs beyond 2022: How CBN’s unorthordox FX policy widens exchange rate gap

By Idris Bakare The unorthodox foreign exchange policy of the Central Bank of Nigeria (CBN) has adversely impacted on the naira stability across all markets, and created huge premium between official and parallel market rates, the President of the Association…

NewsDirect
October 20, 2022

Money market

CPPE advocates review of FX policy

The Chief Executive Officer, Centre for the Promotion of Private Enterprises (CPPE), Dr Muda Yusuf has called for an urgent review of Nigeria’s foreign exchange policy to stem its slide and volatility. Yusuf gave the advice at the maiden edition of…

NewsDirect
April 5, 2022