What we are doing to restore Naira’s true value – CBN Governor

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What we are doing to restore Naira’s true value – CBN Governor …C0NTINUE READING HERE >>>

The Central Bank of Nigeria (CBN) has assured that the Naira’s true value will be restored with the introduction of an electronic FX matching system, which has proven effective in other markets.

Governor of CBN, Olayemi Cardoso, gave the assurance on Friday night during the 59th annual bankers dinner organised by the Chattered Institute of Bankers of Nigeria in Lagos.

Cardoso said that CBN had undertaken critical reforms to unify Nigeria’s exchange rate, eliminating distortions…

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