There was deep shortfall in the Federal Government’s revenue as its August receipts plunged by almost 33 per cent to N745 billion, the Central Bank of Nigeria (CBN) has said. In its just-released Economic Report for August 2018, the apex bank observed that the gross federally collected revenue for August plummeted by close to N300 […]
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African Development Bank (AfDB)
Beware of adverse effects of common currency, Emefiele warns
Once again, countries of the West Africa Sub-region have failed to meet all the convergence criteria for a common currency and unified monetary zone. However, the Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele has cautioned member countries of the sub-region not to let the desire for a common currency and economicRead More
The post Beware of adverse effects of common currency, Emefiele warns appeared first on The Nation Nigeria. …
