RedTech CEO, Emmanuel Ojo has said that the recent naira float by the Central Bank of Nigeria would help attract more foreign investors into the fintech space.
Nigeria is not getting enough oil dollars, because of the recent backlog, adding that interest rates are low, as investors will not come here for 6-7%, not worth the risk.
The Central Bank of Nigeria disclosed that the recent monetary policy decision implemented is not a free float but a managed float.
MAN said it expects import costs to rise in Nigeria, even as it predicted economic uncertainties and exchange rate volatility due to the float of the Naira.
@centbank has finally responded to the report of change in Nigeria exchange rate system, dismissing the report that naira has been floated.
According to the Director of Corporate Communication, Ugochukwu Isaac Okoroafor, the Central Bank of Nigeria (CBN) had to...
It's not even up to a month old!
A new term in economics has been coined
In case you missed the first part of this article. You can get it here Nairametrics| At this...
Nairametrics| At the press briefing following the conclusion of the Monetary Policy Meeting, the CBN Governor, Godwin Emefiele tried...
Nairametrics| As at Friday, the 17th of March 2017, the exchange rate at the black market was about N455/$1 compared...
Will they get their wish?
