FG Declares War On FX Speculators As Naira Slides To N1,830 To Dollar
The federal government yesterday declared war on currency speculation in its effort to stem the crisis in the foreign exchange (FX) market. The government issued a directive to the Office of the National Security Adviser (ONSA) and Central Bank of Nigeria (CBN) to join forces to address the challenges posed to the national economy by the speculative FX activities. Equally, yesterday, in a renewed bid to safeguard Nigeria’s FX market […]