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OFFCUT: Nigerians commend CBN gov, Cardoso, over Naira appreciation

Abisola Adigun
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Nigerians have commended the Central Bank Governor, Olayemi Cardoso for Naira’s appreciation against dollar.

Recall that Central Bank of Nigeria issued a circular to Bureau De Change operators, detailing the sale of $10,000 to each BDC at a rate of N1,101 per US dollar on Monday, 8th April, 2024. 

In response to this development, Nigerians have taken to their social media platforms to commend the positive impact on the currency exchange rate.

ALSO READ: JUST IN: CBN sells FX to BDCs at N1,101/$1

CBN stops foreign currency-denominated collaterals for Naira loans 

Reacting on Facebook,  Prince Bade Abimbolu Solomon said “Cardoso is working.

Another Facebook user, @Taiwo Dominic  commented “God bless you Cardoso, more progress sir.” 

“Very good . The prices of commodities should now be where they were in November/ December ,2023”, @Omoniyi Tokede responded. 

“Gradually relief. Nigeria will be great again, it’s a matter of time”, @Man Noble reacted. 

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