CBN’s Efforts to Stabilize Nigeria’s Forex Market and the Naira’s Rally
CBN’s Efforts to Stabilize Nigeria’s Forex Market and the Naira’s Rally The Central Bank of Nigeria (CBN) has implemented various measures to curb volatility in the foreign exchange market, which speculators had been exploiting to weaken the naira. On January 28, the apex bank introduced the Nigerian Foreign Exchange Code, aimed at promoting transparency, accountability, […]
