CBN Injects $197.7m to Boost FX Liquidity, Stability
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has injected $197.71 million into the foreign exchange market to shore up liquidity and ensure market stability, following recent global economic disruptions. The intervention, announced on Saturday by the Director of Financial Markets Department, Omolara Duke, comes amid rising concerns over new U.S. tariffs on Nigerian…