We’re not propping up naira –CBN

Sunnewsonline | 21-05-2026 05:42pm |

The Central Bank of Nigeria (CBN) has clarified its position regarding its role in the foreign exchange market, stating that it is not significantly intervening to support the naira. The bank emphasized that its involvement is minimal when compared to the total activities within the market. This statement comes in response to ongoing discussions about the naira's performance and the CBN's strategies in managing currency fluctuations.

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