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

dead man dead man
News7 hours ago

Young Man Beaten to Death in Lagos After for Sleeping With Boss’ Wife

A young Plateau man identified as Nengak has reportedly died after a mob confrontation in Lagos, following accusations that he...

christmas beth christmas beth
News21 hours ago

Christmas Spirit Returns to Bethlehem as Tree Lighting Marks End of Two-Year Hiatus

Bethlehem celebrated its first public Christmas tree lighting in over two years, bringing hope and festive cheer back to the...

CourtBVASVerseNewsNG1 CourtBVASVerseNewsNG1
News21 hours ago

Doctor Faces Court Over Sexual Assault of 38 Patients

A Birmingham doctor has been charged with dozens of sexual offences against 38 patients, including minors, during his time at...

Akpabio and Natasha Akpabio and Natasha
Politics22 hours ago

Akpabio Breaks Silence on Fresh Court Charges Against Senator Natasha

Senate President Godswill Akpabio says no new lawsuit has been filed against Senator Natasha Akpoti-Uduaghan, insisting the ₦200 billion defamation...

arsenal aston arsenal aston
Sports22 hours ago

Buendia Stuns Arsenal at the Death as Aston Villa End 18-Match Unbeaten Run

Emiliano Buendia struck deep into stoppage time to hand Aston Villa a dramatic 2-1 win over league leaders Arsenal, ending...

2Face 2Face
Entertainment22 hours ago

‘My Family Is Destroying My Marriage’: 2Baba Breaks Silence

Music icon 2Baba says the petition filed by his family against his wife, Natasha Osawaru, has caused serious damage, revealing...

Nnamdi Kanu 1 1 Nnamdi Kanu 1 1
News22 hours ago

Tension Mounts in Sokoto as Nnamdi Kanu’s Presence Alters Daily Life, Visitors Restricted

Sokoto residents are living with growing anxiety as heavy security, constant visits and restricted movement surround the Sokoto Central Correctional...

Minister of Defence Mohammad Badaru Minister of Defence Mohammad Badaru
Politics2 days ago

BREAKING: Not Health, Real Reason Badaru Resigns as Defence Minister

Badaru Abubakar’s resignation as Minister of Defence was officially blamed on health challenges.

celebrities celebrities
Entertainment2 days ago

Nigerian Female Celebrities Who Battled Body Shaming, Bullying

From gym photos to leaked videos and colourist attacks, famous women and celebrities across Nigeria are pushing back against body...

Dangote Reveals Nigeria's Major Crisis In 2023 Dangote Reveals Nigeria's Major Crisis In 2023
Business2 days ago

Dangote Makes Christmas Promise to Nigerians as Fuel Queues End

Aliko Dangote has assured Nigerians that nationwide fuel queues are now a thing of the past, promising stable petrol supply...

Advertisement