Home Africa Nigeria: CBN injects $197.71m to boost fx liquidity — Africa Links 24

Nigeria: CBN injects $197.71m to boost fx liquidity — Africa Links 24

Nigeria: CBN injects 7.71m to boost fx liquidity — Africa Links 24

Africa Links 24 with Agency Report
Published on 2025-04-05 18:20:43

tiamin rice

The Central Bank of Nigeria (CBN) on Friday supplied a total of $197.71 million to the foreign exchange market through sales to authorized dealers.

The apex bank’s director of Financial Markets Department, Omolara Duke, disclosed this in a statement on Saturday in Abuja.

She noted that the intervention aligned with the apex bank’s ongoing commitment to ensuring adequate liquidity and supporting orderly market functioning.

tiamin rice

According to Mr Duke, the move reflects the CBN’s…

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