• CBN

    JP Morgan Delisting: A Bank Or Rating Agency?

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    Sometime in December 2014, the Central Bank of Nigeria (CBN) introduced some policies to rein in currency speculation and round-tripping by FOREX dealers, who were in the habit of hoarding foreign currencies to create artificial demand. The CBN took the decision to curb speculative attacks on the Naira by these unscrupulous elements that were bent…

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