Yemi Cardoso, governor of the Central Bank of Nigeria said that the naira is currently undervalued, adding that the CBN is working on stabilising the local currency through genuine price discovery.
“We believe that the naira is currently undervalued and coupled with coordinated measures on the
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Eniola Olatunji
Eniola Olatunji is an experienced journalist at BusinessDay, where she has specialized in reporting on personal and business finance since March 2022.
She focuses on creating engaging and precise news stories, with a keen emphasis on the fixed-income market, banking, personal finance, cost of living, and the Nigerian economy. Her work also encompasses extensive market research and economic trend analysis.
Eniola is passionate about empowering individuals to make informed financial decisions and is dedicated to shedding light on the intricate workings of the economy. She holds a Bachelor of Science degree in Pure & Applied Chemistry from the University of Lagos.
Eniola Olatunji was shortlisted for The Future Awards Africa Prize for Journalism..