CBN begins gradual harmonisation of exchange rates
The Central Bank of Nigeria (CBN) yesterday started progressive harmonization of trade rates with the evacuation of N379/$1 official rate from its site. The move by the peak bank is one of the principal signs of conversion standard harmonization and strategic downgrading of the naira. The strategy shift additionally affirmed long-lasting theory that the Nigerian…
Read More “CBN begins gradual harmonisation of exchange rates” »