1. Devaluation
The Central Bank of Nigeria has been under intense pressure to devalue the Naira. This pressure has been on since the new government took over and has only intensified following the circular recently released by the CBN banning importers from sourcing forex in the official market for a list of 41 items. This led Western Publication, the Economist to write an opinion piece that suggested the CBN led by GodwinEmefiele was out of touch with reality and should perhaps be sacked. The CBN of course responded in like fashion. This makes me wonder.more on...........http://nairametrics.com/five-crazy-economic-policies-nigerians-should-reject/