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Dollar/Naira: Finance Minister, CBN Governor, EFCC Chairman, Holds Talks To Stabilize Naira

In an effort to address the ongoing challenges faced by the naira against the dollar, Finance Minister and Coordinating Minister for the Economy, Wale Edun, convened a meeting with Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, and Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede.
The purpose of the meeting, held yesterday, was to devise new strategies aimed at stabilizing the naira, which has experienced volatility in recent market activities.
The Federal Ministry of Finance confirmed the meeting through a brief statement, highlighting the trio’s discussions centered on enhancing the efficiency of the financial system and restoring stability to the naira.
“This afternoon at Finance HQ, HM Finance & Coordinating Minister for the Economy, Wale Edun, EFCC Chairman Ola Olukoyede and CBN Governor Olayemi Cardoso , engaged in a strategic discussion focused on enhancing the efficiency of our financial system and stabilising the Naira.
“The meeting highlighted our continuous efforts in aligning monetary and fiscal policies, underscored by a commitment to the rule of law.
“The EFCC Chairman reaffirmed the Commission’s support for these initiatives, emphasising his dedication to enhancing the integrity of financial regulations,” the statement reads.
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