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Former Central Bank of Nigeria (CBN) Governor Lamido Sanusi has a message for Olayemi Cardoso on how to tackle inflation which is currently in 17-year-high.
The federal government and the Central Bank of Nigeria are set to introduce a new policy in its bid to fight black market traders in the foreign exchange market.
Following the decision to lift the forex ban on 43 items, the House of Representatives has summoned the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso.
The CBN is readmitting importers of 43 items into the foreign exchange market in an effort to revive the Naira, but it has failed to address the main issues.
The Central Bank of Nigeria has provided a detailed explanation of its decision to lift the forex restrictions placed on importers of 43 items from official markets.