Emefiele laments effects of forex scarcity on Nigeria’s economy

The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, on Saturday, decried the effect of the forex scarcity on the nation’s economy.

Ripples Nigeria reported that Nigeria’s foreign reserves dropped from $39.219 billion to $38.882 billion on August 16.

The CBN pegged the country’s external reserves at $44.42 billion in March.

RipplesNigeria : Read More