CBN and DMBs Unrevealing the Threads of Forex By Adefolarin A. Olamilekan

It no more news that the Nigerian economy cannot be isolated from the perennially prone exogenous and vicissitudes of global economic developments.In this wise both her fiscal and monetary policies are subject to international economy dynamic. Although, it is expected that national economic interests,we mean what has been regarded as ‘economic nationalism’ tenets should guard our decision.   Poignantly, our number one sources of revenue is crude oil,off which we are at the mercy of it international market price flunctuation and if it drop below $50/barrel or any shock due…