Agusto & Co. provides industry research and knowledge in Nigeria and Sub-Saharan Africa.
“This volatility of the exchange is crazy. Until we stabilise the exchange rates, these guys will not come back (foreign investors),” a financial expert noted.
NDIC has established a special desk at EFCC to strengthen the investigation and prosecution of parties responsible for bank failures.
The stock market is primarily dominated by domestic investors, and the equity space is not prone to capital flight, said Mr Dosunmu.
NDIC said it has a strong safety net system in collaboration with the CBN.
