Forex market intervention

CBN injects fresh $250 million into Forex Market

The Central Bank of Nigeria, CBN, has again intervened in the Inter-Bank Foreign Exchange (Forex) Market to the tune of 250 million dollars. The Acting Director, Corporate Communications Department, CBN, Isaac Okorafor, said the apex bank also sold $100 million and uplifted the Small and Medium Enterprises and invisible segments, with $85 million and $65 […]

Continue Reading