The governor of Central Bank Nigeria (CBN), Olayemi Cardoso, has highlighted some action plans the apex bank wants to embark on in order to help boost the economy. Cardoso highlighted some of the plans in his first-ever exclusive interview as CBN governor and which was done by Arise Business anchor, Boason Omofaye, on Monday, February 5, 2024. – Cardoso revealed that the CBN is currently planning strategies to revamp the Bureau de Change segment. He said this is imperative for enhanced efficiency and aims to streamline their numbers for better management as well as supervision. These measures address the foreign exchange market’s liquidity challenges, streamline capital flows and mitigate currency risks.

Source: The Guardian February 05, 2024 17:28 UTC