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    Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

    • Post author:MiamiCrypto
    • Post published:July 7, 2022
    • Post category:Central Bank of Nigeria/Cowry Asset Management/foreign currency/naira depreciation/naira devaluation/naira exchange rate/naira for dollar/News/Nigeria forex market

    The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge…

    Continue ReadingReport: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation
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