Big win for CBN as Nigeria records $1.5bn inflow in less than 1 week

The Acting Director of the Corporate Communications Department of the apex bank, Hakama Sidi Ali, revealed the achievement in a statement on Friday, March 29, 2024.

She attributed the development to the CBN’s efforts to ensure stability in the foreign exchange market.

Ali quoted available data to the bank, which indicated that the inflows are a direct result of concerted efforts aimed at injecting liquidity and stability within the foreign exchange market.