The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said on Friday the true value of the Naira would be restored with the introduction of an electronic forex matching system.
Cardoso gave the assurance during the 59th annual bankers’ dinner organised by the Chattered Institute of Bankers of Nigeria in Lagos.
He said the CBN had undertaken critical reforms to unify Nigeria’s exchange rate, eliminate distortions, and restore transparency in the system.
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