Danger: Foreign investors refuse to invest in Nige..

9 yrs

Danger: Foreign investors refuse to invest in Nigeria as Naira crash set to all time low of 350/ USD
Last week CBN governor, Godwin Emefiele, flew to Britain and the United States to try to lure back investors into Nigeria’s financial market after nearly one year they left due to CBN’s exchange rate control policy. Vanguard learnt the trip was unsuccessful as the investors told the CBN team that the market was not yet transparent enough adding that the external reserves level was also uncomforting for them.

Read more at: http://www.vanguardngr.com/201....6/07/naira-crash-set