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Former Citi executive Olayemi Cardoso faces task of stabilising naira and settling $6.8bn foreign exchange obligations
Godwin Emefiele’s nine years in charge came to an abrupt end when new president Bola Tinubu took office
Godwin Emefiele’s contentious policies raised doubts over the instituition’s independence
Central bank bows to pressure as millions are left unable to obtain new banknotes with a presidential election looming
What’s a few naira between friends?
Critics say monetary and exchange rate policy exacerbated post-oil price crash recession
Move highlights erosion of confidence in the monetary authority
Growing concern highlights depth of crisis in Africa’s top oil producer
Switch to market-driven currency system amid economic crisis and dollar shortage
Critics say President Buhari’s policies are adding to its worst economic crisis in generations
Historic vote hands ex-general fresh chance to impose order
Godwin Emefiele defends decision not to further devalue currency despite oil crash himself
Move follows Fed decision not to tighten monetary policy but concerns on global growth remain
Economists say Emefiele’s policies are mistimed and jeopardise country’s growth prospects
New directive requires state institutions to pay revenues into a single Treasury account
JPMorgan’s decision to remove country from bond index a further blow has already triggered bond and share sales, a further blow
Governor Godwin Emefiele’s protectionist stance alarms industrialists and economists
Godwin Emefiele defends his approach to stabilising the naira
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