Presidency Declares Naira Harmonisation Achieved Under Tinubu
The Nigerian presidency has announced the successful harmonisation of the naira across various foreign exchange markets, marking a key milestone under President Bola Ahmed Tinubu’s administration.
Presidential aide Bayo Onanuga shared the update in a brief statement on Friday, citing the naira’s growing stability in the foreign exchange market as evidence of progress.
“This is proof that the Renewed Hope Agenda is not just a slogan—it is delivering real results,” Onanuga stated.
Exchange Rate Harmonisation Achieved as Naira Gains Strength — Presidency
Presidential aide Bayo Onanuga has affirmed that Nigeria has successfully harmonised its exchange rates, describing it as a major achievement under President Tinubu’s Renewed Hope Agenda.
“Harmonisation of exchange rate achieved. Renewed Hope Agenda is not just a slogan. It is real,” Onanuga posted on X.
His remarks came as the naira appreciated to ₦1,532.34 at the official market and ₦1,535 at the parallel market on Friday, reflecting a rare alignment across both segments.
Renowned economist and CEO of Financial Derivatives Company, Bismarck Rewane, also weighed in, noting that the naira’s recent rebound signals that Nigeria’s economy is beginning to recover from its earlier crisis.
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