The Central Bank of Nigeria has disbursed $148 million to 29 authorised dealers to stabilise the foreign exchange market amid the recent decline of the naira. The CBN, in a statement on its website, said the sales occurred on July 22 and 23, 2024, with exchange rates ranging from N1470.00 to N1510.00 per dollar.…
The sale followed a previous sale of $122.67 million to 46 dealers aimed at curbing market volatility and promoting stability.The apex bank had also recently announced plans to sell $20,000 to each Bureau de Change at an exchange rate of N1,450 per dollar. The Central Bank of Nigeria has disbursed $148 million to 29 authorised dealers to stabilise the foreign exchange market amid the recent decline of the naira. The CBN, in a statement on its website, said the sales occurred on July 22 and 23, 2024, with exchange rates ranging from N1470.00 to N1510.00 per dollar.…
Members of the House of Representatives Committee on Tertiary Education Trust Fund and other Services were recently at the headquarters of the agency to evaluate its activities.