Don’t act so surprised, Your Highness. You weren’t on any mercy mission this time. Several …
Read More »CBN’s flexibility exchange rate will enhance forex allocation—LCCI
Friday Ekeoba The Lagos Chamber of Commerce and Industry, LCCI has said that the recent position of the Central Bank of Nigeria (CBN) to adopt a flexible exchange rate regime will improve the efficiency of forex allocation in the domestic economy. According to LCCI, the CBN’s move will amongst others also cause a reduction in the distortions that currently characterise the forex market and bring …
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