Connect with us

Business

CBN Assures To Improve Forex Liquidity In Coming Days

The acting CBN governor shared his belief that the changes in the market are driven mostly by speculative demand…

Published

on

cbn office logo
CBN

The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, says the apex bank will, in the next few days, be taking steps to improve the liquidity in the foreign exchange market.

Speaking on Monday, Shonubi disclosed that he had met with President Bola Tinubu, who voiced his concern regarding developments in the market and its impact on Nigerians.

The acting CBN governor shared his belief that the changes in the market are driven mostly by speculative demand and was confident that the steps that will be implemented soon will significantly impact the market.

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

PASTOR ADEBOYE PASTOR ADEBOYE
News2 hours ago

‘I Know Myself’: Adeboye Shares Reason for Avoiding Female Secretaries

Pastor Enoch Adeboye says his decision to stop working with female secretaries for late-night duties is a personal precaution...

seyi tinubu convoy seyi tinubu convoy
Politics2 hours ago

‘Taxpayers’ Money in Motion’: Fresh Video of Seyi Tinubu’s Convoy Sparks Mixed Reactions After Soyinka’s Criticism (Video)

A newly circulating video of President Tinubu’s son moving with a large security convoy has triggered mixed reactions online...

repps repps
News5 hours ago

Reps Summon Nigerian Bank CEOs Over ‘Illegal’ Deductions From Customers’ Accounts

Bank chief executives have been ordered to appear in person before a House committee probing alleged unlawful charges...

Akpabio and Natasha Akpabio and Natasha
Politics5 hours ago

Senate Erupts in Sarcastic Laughter as Akpabio Announces Natasha’s Birthday Amid Ongoing Feud (Video)

Senators burst into laughter on Tuesday after Senate President Godswill Akpabio paused and chuckled while announcing Senator Natasha Akpoti-Uduaghan’s birthday...

nigerian air force nigerian air force
News6 hours ago

Nigerian Air Force Releases List of Eligible Applicants for 2025 Recruitment Aptitude Test

The Nigerian Air Force has released the list of eligible applicants for the 2025 Basic Military Training Course aptitude test.

accident accident
News9 hours ago

Final-Year AAU Student Dies in Convoy Crash After Signing-Out Celebration

A celebratory motorcade of final-year students marking their sign-out at Ambrose Alli University, Ekpoma, turned tragic when one of the...

SoyinkaVerseNews1 SoyinkaVerseNews1
Politics10 hours ago

‘Send Your Son, Not the Military to Stop Benin Coup’, Soyinka Berates Tinubu Over Seyi’s Heavy Security

Wole Soyinka has urged President Tinubu to rethink the heavy security assigned to his son, Seyi, warning that state protection...

malami abubakar malami abubakar
Politics10 hours ago

Malami Spends Night at EFCC Headquarters as Probe Deepens

Former Attorney-General Abubakar Malami stayed overnight at EFCC offices as investigators questioned him over multiple suspected financial dealings...

Senate Approves Death Penalty For Drug Traffickers Senate Approves Death Penalty For Drug Traffickers
Education19 hours ago

Senate Queries  WAEC, Education Minister Over New SSCE Guidelines

Senate have raised concerns that sudden changes to SSCE subject requirements could cause mass failure in 2026, urging that the...

unijos police unijos police
News21 hours ago

Policeman Sentenced to Death by Hanging for killing UNIJOS Student

A Plateau High Court has sentenced Sgt. Ruya Auta to death for the killing of University of Jos student...

Advertisement