The central bank of nigeria cbn has refuted reports linking the recent appreciation of the naira against major foreign currencies to the detention of one babatunde gbadamosi an alleged fiery critic
It seems like you're referring to a news article or statement from the Central Bank of Nigeria (CBN) regarding the appreciation of the Naira against major foreign currencies.
To clarify, the CBN has denied reports suggesting that the recent appreciation of the Naira is linked to the detention of Babatunde Gbadamosi, an alleged critic of the government. The CBN has stated that the appreciation of the Naira is a result of various economic factors, including:
- Improved foreign exchange inflows
- Increased foreign investment
- Strengthening of the global economy
- Effective management of the foreign exchange market by the CBN
The CBN has emphasized that the detention of Babatunde Gbadamosi is a separate issue and not related to the appreciation of the Naira. The CBN's statement aims to clarify any misconceptions and reassure the public that the appreciation of the Naira is a result of sound economic policies and management.
Would you like me to provide more information on the CBN's statement or the current state of the Naira against major foreign currencies?