AD

CBN releases $210 million for interbank exchange market

Central bank said on Wednesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

The bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Sabinus Sympathizes With Peller, Reveals Past Heartbreak
Untreated Gonorrhea, Syphilis Threaten Sperm-Producing Cells
Businesses Identified as Key to Biodiversity Protection
ADC Faction to Hold Convention Feb 2026
Dangote Refinery Debunks Shutdown Claims
Dominance Declared: The Era of The Iron Fist Under President Trump is Here

Leave a Reply

Your email address will not be published. Required fields are marked *