The Central Bank of Nigeria (CBN) has injected $197.71 million into the foreign exchange (FX) market on Friday, April 4, 2025, as part of its ongoing commitment to ensuring adequate liquidity and maintaining orderly market functioning.
This is according to a statement on Saturday by Dr Omolara Omotunde Duke, Director of the Financial Markets Department, reiterating the Bank’s stance on maintaining market integrity and operational transparency.
According to the CBN, this strategic intervention aligns with the Bank’s broader objective of fostering a stable, transparent, and efficient FX market.