Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi says the apex bank will be taking steps to improve the liquidity in the foreign exchange market.
Gatekeepers News reports that while 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.
Shonubi shared his belief that the changes in the market are driven mostly by speculative demand and was confident that the steps to be implemented soon will significantly impact the market and would curb the consistent fall of the naira against the dollar.
This is a developing story……
