The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for an urgent increase in oil production and a broader economic diversification strategy to stabilise the country’s volatile exchange rate.
He made this call on Tuesday while addressing journalists at the end of a two-day Monetary Policy Committee (MPC) meeting held in Abuja.
The bank chief emphasised that while efforts to boost foreign exchange inflows through various initiatives, including…
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