The Central Bank of Nigeria (CBN) is set to reverse the naira's slide as it unveils intervention measures. Folashodun Shonubi, acting governor of the nation's apex bank, warned that the government will take action against those involved in underhand activities in the foreign exchange market, including the parallel market. President Tinubu expressed concern about the market's development and its impact on the people. The CBN is working to improve liquidity and liquidity in the market, as well as in other markets, including the parallel market. The CBN is concerned about the impact on the average person and the potential losses to speculators when government strategies are activated. The CBN's actions aim to ensure efficient, reasonable, and non-negative market operations for the average person.