A Review of the Nigerian Energy Industry

CBN injects $210m into currency market

*CBN logo.

13 December 2017, Sweetcrude, Abuja – The Central Bank of Nigeria said on Tuesday it had injected $210m 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 dollars earmarked for the wholesale market, $55m 00for small businesses and individuals, and 55 million dollars for certain dollar expenses such as school fees and medical bills.

  • NAN
In this article

Join the Conversation