Nigerian Central Bank adds $210 million into the inter bank market

Nigerian Central Bank adds $210 million into the inter bank market

The Nigerian Central Bank Nigeria’s central bank said it has injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

The apex bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills.