Kingsley Moghalu, a former deputy governor at the Central Bank of Nigeria, strongly argues that the idea of a Naira-to-Dollar rate of N400 is unrealistic. He maintains that the exchange rate should genuinely reflect its market value.
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Posts tagged with 'Central Bank of Nigeria'
The Nigerian Government is actively identifying and sanctioning individuals and groups that are sabotaging the economy.
Minister Mohammed Idris of Information and National Orientation affirms that the Nigerian Government is actively identifying and penalizing individuals who are undermining the economy. The minister emphasized that the elimination of the petrol subsidy was a consensus among all three major candidates during their campaigns.
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