Quotes

CBN: “The Stable Naira”

The new stability of the naira this week is something to be proud of.

It has been on a winning streak, bouncing back from its past lows and stirring up a wave of renewed confidence.

The CBN has opened its doors wider to foreign currency. A steady flow of dollars now fills its vault, bringing calm to what used to be a volatile space.

This stability hasn’t gone unnoticed; interest is pouring in from afar. People from all corners are eager to get a piece of the pie. “Please, please,” they seem to shout, “save a bit for me!”

With the fresh influx of foreign investors and an honest foreign exchange system, the naira has finally found its feet! We’re back in business!

The naira now hums to a brighter tune, and our confidence begins to grow, but wait…

With all the hype, will it impact the common man on the street? Will he put on his shoes and dance, seeing the changes reflected on his grocery price? Or will it remain something he reads in the papers, twiddling his fingers while waiting for the real impact?

Only time holds the answer.

By: Sandra A. Aghaizu

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