CBN Governor, Cardoso Reveals When Naira Will Be Stabilised

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has said the naira will stabilise as foreign investments come into the country.

In an interview with Arise Television on Monday, Cardoso said the reforms of the Bola Tinubu government are encouraging investors to return to the country.

The CBN boss said the foreign investors have taken an interest in understanding the reforms and how the economy has progressed.

Cardoso asserted that as international investors invest in Nigeria, foreign exchange volatility will reduce, resulting in the naira’s stability.

By Olugbenga Ige.

Full story at Naija News.