Tag Archives: $262.5m intervention

CBN continues intervention with $262.5m in forex market

The Central Bank of Nigeria (CBN), on Friday, intervened in the inter-bank Foreign Exchange Market with 262.5 million dollars. Data obtained from the CBN, in Abuja, revealed that the sum was in favour of the agricultural, airlines, petroleum products and raw materials and machinery sectors. The Acting Director in charge of Corporate Communications at the bank, Isaac Okorafor, confirmed the ...

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