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HomeNewsAfricaImpact of CBN’s unorthodox monetary policy on businesses

Impact of CBN’s unorthodox monetary policy on businesses

This is part 4 of a 5-part series

“Another part of that presidential directive also says that we should blacklist from the foreign exchange market and the banking industry all firms, their owners and their top management caught smuggling or dumping any of the restricted […] items into Nigeria,” said the CBN governor, Godwin Emefiele, at an event four years later, confirming the influence of the president on the policy.

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