Central bank of Nigeria (CBN) has been struggling to stabilize Naira against major foreign currencies, especially dollar, Euro and British pound since Naira was floated. So far, Central bank’s effort has not yielded desired result. The CBN goal is to stabilize Naira to where it will trade at 300 or below to one dollar. The …
Tag Archive: parallel market
President Buhari’s one Year in Office
It is too early in the life of president Buhari’s administration to judge whether it will be a successful administration or not. The most important thing in the life of a new administration is to analyze policies already in place to see if the government is laying a solid foundation for the future of the …