The CBN deserves credit for its swift intervention. The naira's performance in recent weeks, which has seen it jump from the worst-performing currency to the best-performing currency globally, has offered a sigh of relief to many Nigerians after about eight tumultuous months of a cost-of-living crisis partly occasioned by the free fall of the currency. Mr Cardoso has proved his finesse in economics in just eight months in office as CBN governor, ameliorating the damages wrought by the embattled Godwin Emefiele, the immediate ex-CBN governor.
The Naira s Recent Gains and the Road Ahead – The News Chronicle thenews-chronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews-chronicle.com Daily Mail and Mail on Sunday newspapers.
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