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Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reiterated that the apex bank will maintain its monetary tightening stance for the foreseeable future, stressing that the policy remains critical to taming inflation and stabilizing the naira. Speaking at an

The naira recorded further gains on Monday, rallying strongly against major foreign currencies on the back of sustained growth in Nigeria’s foreign exchange reserves and improved dollar inflows. At the official Nigerian Autonomous Foreign Exchange Market (NAFEM), the local currency closed at