CENTRAL BANK OF NIGERIA TO INJECT $1.2BN, INTO FX MARKET

News bears it that there was a pump of $1.2 billion into the foreign market by the CBN for the purpose of solving challenges faced by the individuals are into different businesses across the nation. This happened two weeks ago. This is to notify the general public and every one into the foreign exchange market that there will be a fresh pump of Dollar this week into the foreign exchange market by the Central Bank of Nigeria (CBN). CBN advises foreign exchange dealers to abstain from any form of an unwholesome practice that is detrimental to smooth operations in the market.