Answer Happy

Nigerian Monetary Policies: Assess the effectiveness of foreign exchange market management by the CBN from 1999 till date. Instructions 1. Length - The maximum number of words for this coursework is 2500 words. 2. Form - The assessment should be written in essay form with clear divisions into introduction, main body, conclusion and recommendations, and references (APA style). 3. Presentation - Submission should be in Word' format using font type Times New Roman, font size 12 and line spacing of 1.5. A (first page) submission page format will be provided via classroom. 4. Submission Deadline - 18 November 2021 5. Turn it in Code: 32241861 6. Enrolment key: BAF202 GUIDANCE NOTE CBN bans sales of forex to BDC According to Premium times, "the Central Bank of Nigeria says it has ended the sales of forex to Bureau De Change operators, saying the parallel market has become a conduit for illicit forex flows and graft. The bank said it will no longer process applications for BDC licenses in the country Weekly sales of foreign exchange by the CBN will henceforth go directly to commercial banks, the CBN governor, Godwin Emeficle, said Tuesday in a live TV broadcast after announcing that the bank has retained its benchmark policy rate." Oge Udegbunam, July 27, 2021