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

Senate Approves Death Penalty For Drug Traffickers Senate Approves Death Penalty For Drug Traffickers
Education5 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
News6 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...

Adeleke of Osun Adeleke of Osun
Politics6 hours ago

‘Why I Joined Accord Party’ – Governor Adeleke Explains

Governor Ademola Adeleke says his move to the Accord Party is based on welfare-focused policies and the need to secure...

adeleke adeleke
Politics7 hours ago

BREAKING: Osun State Governor, Ademola Adeleke Joins Accord Party

Osun State Governor Ademola Adeleke has officially joined the Accord Party and announced he will seek re-election on its platform...

peace pact peace pact
Politics7 hours ago

‘PDP Failed to Protect Me’ – Fubara Breaks Silence Over APC Defection

Governor Siminalayi Fubara has defected from the PDP to the ruling APC, saying the President offered the support and protection...

Igbo Igbo
Politics7 hours ago

Igbo Leaders Condemn Nnamdi Kanu’s life Sentence Call for Urgent U.S. Intervention

The Igbo Leaders of Thought say Nigeria is drifting toward collapse and are calling for urgent international action....

bandits gumi bandits gumi
News7 hours ago

“Nigerian Military Cannot Defeat Bandits”, Sheikh Gumi Makes Shocking Revelation

Sheikh Ahmad Gumi says Nigeria’s armed forces cannot end banditry through force alone and insists that dialogue must form part...

Fubara Reshuffles Cabinet, Reassigns Wike's Allies Fubara Reshuffles Cabinet, Reassigns Wike's Allies
Politics8 hours ago

BREAKING: Rivers State Governor Fubara Defects To APC

Rivers State Governor, Siminalayi Fubara, has defected to the ruling All Progressives Congress from the Peoples Democratic Party.

ecowas ecowas
Politics9 hours ago

ECOWAS Declares State of Emergency Across West Africa

ECOWAS has declared a state of emergency following a wave of coups and attempted takeovers across West Africa.

SHOPRITE 750x375 1 SHOPRITE 750x375 1
News9 hours ago

LIRS Seals Shoprite Ikeja Over Alleged Tax Default

The Lagos State Internal Revenue Service sealed the Shoprite outlet at Ikeja City Mall for alleged failure to meet tax...

Advertisement