Business

Bagudu assures investors that the exchange rate will stabilize.

today01/15/2024 16

Background
share close

The Minister of Budget and Economic Planning, Atiku Bagudu, has said he expects the exchange rate to improve following the ongoing exchange reforms of President Bola Tinubu and the Central Bank of Nigeria.
Bagudu said countries that have liberalised their foreign exchange market like Nigeria have enjoyed better exchange rates, expressing confidence Nigeria foreign exchange market will perfomer better.
He said global indices had shown that things would improve, advising local and foreign investors to take steps in this direction.
His comments came about six months after Tinubu removed rate cap on the exchange rate, among other currency reforms.

Written by: bossgmsi

Rate it

Previous post

World

Hezbollah missile attack kills Israeli woman and son

Israeli military has disclosed that an elderly Israeli woman and her son have been killed in a Hezbollah missile attack from Lebanon. The military said the anti-tank missile hit the town of Kfar Yuval on Israel's northern border, killing Barak Ayalon aged 45, and his mother Miri Ayalon who aged 76. Earlier the Israeli military said it killed four gunmen trying to cross from Lebanon into Israel. It comes as […]

today01/15/2024 16

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!