CBN Boosts Liquidity in The FX Markets With $1.47 Billion
The Central Bank of Nigeria (CBN) has injected the sum of $1.47 billion into the Nigerian Foreign Exchange market in an effort to stabilize the naira and ensure liquidity in…
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Naira Firms On Black Market After CBN Resumes FX Sales
The Nigerian naira firmed around 6.5% on the black market on Tuesday from a week ago after the central bank resumed U.S. dollar sales to commercial lenders following this week’s…
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