• Says Nigeria recorded $24b inflow Q1 2024 • CBN quickens settlement of Diaspora remittances The naira is gradually finding its value, as the worst days are over, Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said. Speaking with Bloomberg TV in London, Cardoso said the present value of the naira hovering between N1,460 and N1,500 should be put in context. He added that the country recorded a foreign exchange inflow of about $24 billion in the first quarter of 2024. “When I came into office in September 2023, naira was headed in the direction that everybody
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