Liberalization of the Foreign Exchange Market:

In recent years, Nigeria has taken significant steps towards liberalizing its foreign exchange market. The Central Bank of Nigeria (CBN) has implemented policies to enhance transparency, increase liquidity, and promote market-driven exchange rates. This liberalization has created opportunities for foreign investors to participate in the currency exchange market and take advantage of market fluctuations.

Granting access to foreign investors help to enforce effective implementation of policies to enhance transparency by the government, at the same, create opportunities for investors to participate in the currency exchange market, taking advantage of market fluctuations. This is achieved via partnership.