Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has detailed the reasons he considers the ex-CBN Governor, Godwin Emefiele, to be the most ineffective in the history of the country's apex bank. In a comprehensive post on a Saturday via his verified handle, Moghalu expressed concern about a report, purportedly from a CBN investigator...
Showing posts with label CBN. Show all posts
Showing posts with label CBN. Show all posts
Sunday, December 24, 2023
Sunday, November 12, 2023
CBN takes action against speculators and hoarders of dollars amid the depreciation of the naira.
The Central Bank of Nigeria (CBN) is intensifying efforts to combat currency hoarding and speculation, which are believed to contribute to the depreciation of the naira against major foreign currencies. Speculators and hoarders, identified as undermining government initiatives to stabilize the naira, face increased scrutiny. Recent positive strides in...