CBN Releases New Cash Rule, Crashes Dollar

The naira strengthened to a five-month high on Monday, August 17, 2026, as increased activity in the foreign exchange market coincided with the Central Bank of Nigeria’s latest policy adjustment affecting banks’ access to its Standing Lending Facility (SLF), as reported by Legit. The local currency appreciated by N8.07 against the US dollar, with the […] The post CBN Releases New Cash Rule,…