Central Bank of Nigeria Urged to Dump Exchange Rates Unification 

A former Deputy Governor of CBN, Dr Tunde Lemo, says the Central Bank of Nigeria should abandon the merger of the parallel and official exchange rate. <br />He says the naira is not an internationally convertible currency and a gap of not more than N50 should not worry the apex bank. <br />Lemo stated that the gap had presented huge arbitrage opportunities. <br />He further stated that there might be some issues with some of the government’s monetary policies.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>