CBN's forex interventions'll revive economic growth

A financial expert and the Principal Partner of AG Fadairo & Co., Mr. Abdul-Ganiyu Dairo, has described the intervention of the Central bank of Nigeria (CBN) in the interbank forex as a step that will stabilise prices and revive the nation's economic growth. Dairo, who said this in Lagos, noted that the CBN's intervention policy would enable the apex bank achieve its objectives of boosting liquidity in the forex exchange market in addition to reducing the gap between the official and parallel markets' exchange rates of the naira. He, however,...The post 'CBN's forex interventions'll revive economic growth' appeared first on New Telegraph Newspapers.
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