CBN Governor Blames Nigeria’s FX Crisis on Petroleum Import, Says It Gulps 40%

As Nigeria’s foreign exchange crisis lingers, the Central Bank of Nigeria (CBN) governor has advertently revealed where the bulk of the FX, which exacerbates dollar scarcity, goes. The CBN Governor, Mr. Godwin Emefiele, revealed this on Thursday while speaking during a media briefing on the sidelines of the ongoing International Monetary Fund (IMF)/World Bank annual … Continue reading CBN Governor Blames Nigeria’s FX Crisis on Petroleum Import, Says It Gulps 40%