Folashodun Shonubi Archives • The Real Saga

August 15, 2023

CBN to flood market with Dollar

Royal Diary Business, Community news, Discus cbn, dollar, Folashodun Shonubi, governor, market, naira, president bola tinubu

Plans to stop the persistent depreciation of the naira versus the dollar have been finalized by the Central Bank of Nigeria (CBN). One of these strategies, it was discovered yesterday, is to flood the market with money. During the discussion, a CBN board member stated that the bank would now inject foreign currency into the […]