- The Central Bank of Nigeria Governor Olayemi Cardoso has reacted to the free fall of the naira in the foreign exchange markets
- CBN governor Cardoso expressed the belief that the naira is undervalued and outlined measures to stabilize the exchange rate
- The naira, against the US dollar, is exchanged above N1,300 in the unofficial market and at N882.24 in the official market
Legit.ng journalist Dave Ibemere has over a decade of experience covering Tech, Energy, Stocks, Investments, and the Economy
The governor of the Central Bank of Nigeria, Olayemi Cardoso, has announced plans to stabilize the naira exchange rate in foreign exchange markets.
