Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has spoken against the effectiveness of Nigeria’s recent economic reforms, highlighting flaws in their execution.  

FX crisis: Ex-CBN Deputy Governor Proposes $30bn IMF Stabilisation Fund Former deputy governor of the Central Bank of Nigeria (CBN) Kingsley Moghalu has proposed a $20-30 billion International Monetary Fund (IMF) stabilisation facility to solve the lingering foreign exchange (FX) crisis. “To get out of Nigeria’s...

Naira Redesign Implemention Failure and Its Consequences   The terrible suffering & economic loss Nigerians and Nigeria have experienced as a result of the faulty IMPLEMENTATION of the Central Bank of Nigeria’s Naira redesign policy, the entry of the judiciary into central banking functions, all show...

Beyond Aboki: The Ifekaego Foreign Exchange Tutorial, by Kingsley Moghalu         The most important determinant of the value of the Naira is whether or not the Nigerian economy is productive and competitive in international trade. That is to say, whether it has a diversified base of...

Nigeria: It’s Time to Stop the Borrowing Binge, by Kingsley Moghalu     The rate at which Nigeria’s public debt has increased in the last six years is unprecedented, alarming, and unsustainable. From $10.31 billion at the end of June 2015, the total external debt increased to...

The former Deputy Governor of the Central Bank of Nigeria, Professor Kingsley Chiedu Moghalu will deliver the keynote address at the 2017 edition of the prestigious Le Rendez-vous du Commerce International (International Business Conference) on January 10, 2017 at the Olympic Museum in Lausanne,...