Naira Rising: Nigerian Man Gives Reason why CBN is Boosting Economy with Regulations

Naira Rising: Nigerian Man Gives Reason why CBN is Boosting Economy with Regulations

  • A Nigerian man shared some of implemented strategic measures by the CBN to strengthen the Naira against the US Dollar that is working
  • He said increase better regulation of Bureau De Change (BDC’s) and actions against market-distorting operations contributed
  • He also mentioned clearing FX backlog and CBN actions against Binance proved pivotal

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