CBN JUSTIFIES REASON FOR FLOATING THE NAIRA
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has said his leadership made the decisive move to float the Naira in the foreign exchange market to bring the official exchange rate closer to market reality. Cardoso made the disclosure while addressing members of the Harvard Club of Nigeria in Lagos at the weekend on the topic, Leadership in Challenging Times: Restoring Credibility, Building Trust, and Containing Inflation. He explained that the floatation policy was not primarily introduced […]