Business
Finance minister, CBN governor, and EFCC boss meet to strategize on Naira stabilization
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, held a meeting on Friday with Central Bank of Nigeria governor, Olayemi Cardoso, and the chairman of the Economic and Financial Crimes Commission, Ola Olukoyede.
The purpose of the meeting, which took place at the Federal Ministry of Finance in Abuja, was to address the recent decline in the value of the Naira in the forex exchange market.
According to a post on the Ministry’s official handle, the three officials agreed on the importance of strengthening the integrity of the Nigerian financial system.
The meeting focused on enhancing the efficiency of the financial system and stabilizing the Naira, with a commitment to aligning monetary and fiscal policies and upholding the rule of law.
The EFCC Chairman expressed support for these initiatives and emphasized the Commission’s dedication to enhancing the integrity of financial regulations.