Just three months into the implementation of the brand new monetary policy of President Tinubu’s administration – ‘Forex Unification and the CBN ‘I&E Window’, the fate of the Naira regaining its value hangs in the balance. A situation where the national currency consistently falls flat to the devaluation pressures at the official market, parallel and black market, suggests that the policy of Forex Unification and I&E Window may not be working, as we are beginning to see. Arguably, the forex environment is being overtaken by its own systemic and systematic…
Tinubu’s Forex Unification, Failure of CBN’s I&E Window to Save the Naira
