The anti-graft agency claimed it had intelligence that some Nigerians were stockpiling foreign currency.
Godwin Emefiele and other wheeler-dealers could squeeze more for Nigerians by advertising the bank rather than a secret sale that would benefit only those conducting the backroom talks.
Why would the president of a country who supposedly gets periodic security updates from all security agencies not know that terrorists publicly vowed to abduct him?
Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators.
Under the governorship of Godwin Emefiele, the Central Bank of Nigeria has failed to mitigate the national currency’s free fall.
Listings on the platform showed the naira which exchanged for N620 as at Monday, now trades at N630 against the dollar on Wednesday afternoon.
The RT200 Non-Oil Export Proceeds Repatriation Rebate Scheme aims to increase the country’s foreign reserves by 200 billion in foreign exchange earnings.
MPR is the baseline interest rate in an economy from where every other interest rate used within the economy derives.
The figure represents a 0.8 percent depreciation from the N615 it traded the previous week.
The forum would allow all participants, including relevant government agencies, to explore ways to unlock the immense opportunities in Nigeria’s Non-Oil Export Sector.