A
abujagirl
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The Central Bank of Nigeria has announced a new foreign exchange policy.
Addressing a press conference this afternoon in Abuja, CBN Governor, Godwin Emefiele announced a full float of the Naira. The CBN Governor also revealed that we will be operating a single market suggesting that we will no longer have two windows.
The CBN Governor also confirmed that all the “pent up” demand awaiting to be filled (for example airlines looking to repatriate their dollars) will be met at the interbank market.
More details later...
Addressing a press conference this afternoon in Abuja, CBN Governor, Godwin Emefiele announced a full float of the Naira. The CBN Governor also revealed that we will be operating a single market suggesting that we will no longer have two windows.
The CBN Governor also confirmed that all the “pent up” demand awaiting to be filled (for example airlines looking to repatriate their dollars) will be met at the interbank market.
More details later...