How Nigeria's Central Bank Views Its Own Forex Policies

A recent conversation with a very senior policymaker at Nigeria’s Central Bank (CBN) shed some light on the thinking inside the institution as to how well they think their own policies are faring. The views presented here are to be taken as the view of the CBN and not an endorsement.

  1. The CBN credits the infamous ban on 41 items in 2015 with 40 - 60 perc…

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