August 3, 2025

Director of financial markets department

General

CBN injects $197.71m to stabilise FX market

In a bid to stabilize the foreign exchange (FX) market, the Central Bank of Nigeria (CBN) on Friday, April 4, 2025, injected a substantial $197.71 million into the market. This move, aimed at ensuring sufficient liquidity and maintaining smooth market operations, underscores the CBN’s commitment to fostering a stable and transparent FX environment. Dr. Omolara

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