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Experts task CBN on flexible exchange rate

NewsDeskNgNov 22, 2022November 22, 20220

Financial experts have urged the Central Bank of Nigeria (CBN) to adopt a flexible foreign exchange rate regime and address the food insecurity triggering inflationary rate in the country. They said this in separate interviews with the News Agency of Nigeria (NAN) on Tuesday in Lagos. Dr Muda Yusuf, the...

Why CBN monetary policy is not working – Economist

NewsDeskNgNov 19, 2022November 19, 20220

Prof. Ken Ife, a Development Economist, says Central Bank of Nigeria’s monetary policy is not working because 80 per cent of the nation’s money is not in circulation. Ife stated this during the 10th Convocation Lecture of Godfrey Okoye University, Enugu, on Friday, with the theme “Nigeria: The State of...