Vice-President Yemi Osinbajo has said that the deregulation in the petroleum sector and the flexible exchange rate would lead to an increase in the Foreign Direct Investment. Osinbajo was said to have stated this while answering reporters’ questions after participating in the Lagos Chamber of Commerce and Industry’s Presidential Policy Dialogue in Lagos. His Senior […]
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The Central Bank Governor Mr. Godwin Emefiele , has said that the apex bank took the best monetary policy option in addressing the current economic challenges facing the country. He also said that unless Nigerians embrace fully the concept of diversification, the country would not be able to generate enough foreign exchange to cushion the […]
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Nigeria needs more flexibility in setting monetary policy so it can use its foreign currency reserves to support the poor population if low oil prices persist, said International Monetary Fund Managing Director Christine Lagarde. “With a very clear ambition to support the poor people of Nigeria, there could be added flexibility in the monetary policy, […]
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