Business and Economy: CBN injects $210m into currency market

CBN building

Business and Economy

The Central Bank of Nigeria said on Tuesday it had injected $210m into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

The bank said , in a statement , it had released 100 million dollars earmarked for the wholesale market, $55m 00for small businesses and individuals , and 55 million dollars for certain dollar expenses such as school fees and medical bills .