Nigeria, Feb. 12 -- Since the current federal government was sworn in on 29th May, last year, the Central Bank of Nigeria (CBN) has rolled out a raft of policy initiatives largely aimed at managing the naira's exchange rate difficulties. It was one such policy initiative, the introduction, on 14 June, 2023, of the price mechanism into the foreign exchange markets (desirable in itself) that literally set the policy cat amongst the domestic actors' response pigeon. Since then, it has been one excuse after the other for the ease with which the naira surrendered value almost daily to other quoted currencies. Anyway, one sense of the CBN's recent chapter of policy pronouncement has been its bias for performance over purpose - or promise over p...