The Central Bank of Nigeria, CBN, said on Thursday that inflationary trends and exchange rates will be on a downward spiral in 2024. The apex bank also said it has projected less revenue from oil exports in the fiscal year, just as it declared that total trade from the Nigerian Foreign Exchange Market, NFEM, stood at N18.804 billion in the third quarter (Q3) of 2023. The Central Bank Governor, Olayemi Cardoso, stated this when he appeared before the Senate and House of Representatives Joint Committee on Banking, Insurance, and Other Financial Institutions. Cardoso said the outlook for the dome…