Good news that the CBN rate has been removed from noncustodial wallets and exchanges' naira exchange rate as CBN do not determine the Investors and Exporters rate again. It was frustrating before, but I have seen it changed and more correlate to the parallel market rate.
The exchange rate is something not to write about because the news has always carried the fake aspect of it saying the naira is rising over the USD which is always wrong in many situations if you research it, now that the CBN rate is removed from exchanges and everyone has their independent opportunity to sell at their own personal approved rate, government will make more money from this because the people that get a subsidized exchange rate for USD directly from banks will no longer have this same opportunity anymore and everyone can have this free access of buying through banks but at the generalized market price which is pretty high.