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Economic Advisory Council Cautions Against Multiple Exchange Rate

Economic Advisory Council Cautions Against Multiple Exchange Rate   The Presidential Economic Advisory Council, PEAC, yesterday, advised the Federal Government to move away from multiple exchange rates to a unified currency exchange rate. PEAC, in a statement issued by the Senior Special Assistant to the President on...

IMF Cautions CBN Over Multiple Exchange Rate , Loan Policy

IMF Cautions CBN Over Multiple Exchange Rate , Loan Policy     The International Monetary Fund (IMF) on Wednesday cautioned the Central Bank of Nigeria (CBN) over risks associated with the new loan policy requiring banks to lend at least 65 per cent of their deposits or...