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CBN bets on rules to stabilise FX market

For years, Nigeria’s foreign exchange market has been shaped as much by uncertainty as by supply and demand. Importers complained about delays and documentation bottlenecks. Exporters often questioned whether existing procedures encouraged them to repatriate earnings through official channels. Investors worried about policy reversals and access to foreign exchange. The banks found themselves navigating changing

Read More: https://punchng.com/cbn-bets-on-rules-to-stabilise-fx-market/

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Insecurity: Incompetence, collusion or both? By Ochereome Nnanna

My Geography teacher in secondary school, Mr Ikoro, candidly dropped a wise saying that has stuck for over 50 years (I have quoted it here perhaps more than once): “Every charitable or uncharitable attitude is a boomerang”. People now frequently use the Hindu Sanskrit word: “karma” to clothe the principle that a person’s action – good […]

The post Insecurity: Incompetence, collusion or both? By Ochereome Nnanna appeared first on Vanguard News.

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