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No Plan To Convert Domiciliary Account Dollars To Naira Vows CBN - Business - Nairaland

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No Plan To Convert Domiciliary Account Dollars To Naira Vows CBN by Mateco556: 2:00pm On Feb 07
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), attributed the depreciation of the naira to the increasing number of Nigerians seeking education and medical treatment abroad. Speaking during a plenary at the House of Representatives on Tuesday, Cardoso highlighted the surge in demand for US dollars due to the growing trend of Nigerians studying overseas.

According to Cardoso, data from UNESCO’s Institute of Statistics indicated a significant rise in the number of Nigerian students abroad, increasing from less than 15,000 in...........

https://ratecaptain.com/no-plan-to-convert-domiciliary-account-dollars-to-naira-vows-cbn/

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