The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the interbank foreign exchange market. Figures obtained from the CBN indicated that authorised dealers in the wholesale segment of the market were offered the sum of $100million, while the Small and Medium Enterprises (SMEs) segment received the sum of $55 million. Similarly, customers requiring foreign exchange for invisibles such as tuition fees, medical payments and Basic Travel Allowance (BTA), among others, were also allocated the sum of $55 million. Read More:
Category: Market News
