- President Bola Tinubu’s Information and Strategy Special Adviser, Bayo Onanuga, cautioned speculators to swiftly sell off their dollars to prevent potential losses
- The advice came in response to the Central Bank of Nigeria’s announcement that it has resolved the $7 billion foreign exchange backlog from Governor Yemi Cardoso’s tenure
- On Wednesday, the CBN’s acting director of Corporate Communications, Hakama Sidi Ali, affirmed that all legitimate FX backlog claims have been settled
Legit.ng journalist Segun Adeyemi has over 9 years of experience covering political events, civil societies, courts, and metro
FCT, Abuja – The presidential office has cautioned currency traders speculating on foreign exchange to sell their dollar holdings, stating that the Naira is expected to increase in value soon.
