The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said on Thursday the country’s inflation and exchange rates would drop in 2024.
Cardoso, who stated these when he appeared before the Joint National Assembly Committee on Banking, Insurance, and Other Financial Institutions in Abuja, also projected less revenue from oil exports in the coming year due to prevailing domestic factors.
He said the total trade from the Nigerian foreign exchange market stood at N18.804 billion as of the third quarter of 2023.
