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300TH MONETARY POLICY COMMITTEE
The Central Bank of Nigeria (CBN) has noted significant progress in the ongoing recapitalization exercise for banks in the country.
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced that volatility in the foreign exchange (FX) market has declined significantly, falling below 0.5%, as Nigeria’s monetary and fiscal reforms begin to stabilise the macroeconomic environment.