CBN moves to ensure FX market not dependent on intervention

Rising Waters, Sinking Dreams: Devastating impact of floods on Maiduguri local businessesDeluge of Death: Flood leaves Nigerian community in ruinsLG autonomy: The mess gets messier, By Zainab Suleiman OkinoFloodwaters of Famine: Maiduguri deluge exacerbates Nigeria’s food crisisIreti Kingibe’s claims on first-year constituency projects in FCT had more flaws than factsAll Roar and No Bite: Exposing Nigeria’s Paper Tiger Election LawsThe fallacy of luck in the pursuit of success, By Mohammed...

Mr Abdullahi noted that the CBN plans to improve supply organically without its intervention from time to time while maintaining balance in the market. He said that there have been significant improvements in remittance inflows in recent times due to the reforms put in place.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.He noted that demand for dollars has been driven by uncertainty among the people, with people assuming that there may be a scarcity of dollars in the market.

At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CBN interest rate hike will kill investments – NACCIMA, business ownersKey players in the Nigerian business and economic sector have kicked against the recent interest rate hike by the Central Bank of Nigeria Monetary Policy Committee.
Source: DailyPostNGR - 🏆 11. / 59 Read more »