BREAKING: FG To Stop Hoarding Of Dollar In Cash By Digitalizing Nigeria’s FX Regime

As part of efforts to address Nigeria’s foreign exchange crisis, President Bola Tinubu’s administration is set to digitalize Nigeria’s foreign exchange regime to curb ‘speculative demands and hoarding’ of foreign exchange in cash.

This was one of the key recommendations outlined in the ‘Quick Wins Report’ presented to President Bola Tinubu by the Presidential Fiscal Policy and Tax Reforms Committee on Tuesday.