The Central Bank of Nigeria (CBN) injected $197.71 million into the foreign exchange market last Friday, as part of its commitment to ensuring adequate liquidity and maintaining orderly market functioning. This was disclosed in a statement on Saturday by the Director of the Financial Markets Department, Dr Omolara Omotunde-Duke, reiterating the bank’s stance on maintaining market integrity and operational transparency. …

The Central Bank of Nigeria, CBN, yesterday, expressed its commitment to the Nigerian Foreign Exchange (FX) Code saying that it has aligned its roles with the principles of the code. In a statement signed by the Governor, Olayemi Cardoso, Deputy Governor, Economic Policy, Mohammad Abdullahi and Director, Financial Markets Department, Dr.Omolara Duke, the apex bank said its decision follows a …