CBN Injects $197.71 Million to Stabilize FX Market Amid Trump Tariffs and Global Uncertainty
In response to mounting global economic turbulence and a sharp dip in the value of the naira, the Central Bank of Nigeria (CBN) has stepped in with a $197.71 million injection into the foreign exchange market. The intervention, announced on Saturday, is aimed at shoring up liquidity and maintaining stability in Nigeria’s FX ecosystem. The…
