Economic analyst tells Nigerians what to expect from new forex policy [VIDEO]

Economic Analyst, Chuba Ezekwesili has explained what Nigerians should expect following the CBN directive.

A trader changes dollars for naira at a currency exchange store in Lagos, Nigeria, February 12, 2015.   REUTERS/Joe Penney/File Photo

The move will cause the naira value to be determined by market forces and will encourage stability in the sector.

Economic Analyst, Chuba Ezekwesili has explained what Nigerians should expect following the CBN directive.

During an appearance on Frankly Speaking With Jola Sotubo, Ezekwesili explained the effect that the policy would have on the availability of forex, inflation and fuel price.

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