Is Nigerian Central Bank Unlawfully Distorting the Forex Market?

The National Economic Council has demanded an immediate review of the foreign exchange policy. Naira currently exchanges for N510 to the dollar at the parallel market, while Central Bank official rate remains at N305.50 to the dollar.



  • Nigeria:   NEC Orders CBN to Review Exchange Rate

    Guardian, 17 February 2017

    The National Economic Council (NEC) yesterday expressed concern over the exchange rate and directed the Central Bank of Nigeria (CBN) to quickly facilitate an urgent review of the… Read more »

Central Bank of Nigeria.

InFocus