CBN targets FX liquidity with another $148m sales to 29 dealers

CBN adds locally refined LBMA-standard Gold to reserves

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN)

The Central Bank of Nigeria (CBN) has sold $148 million to 29 authorised dealers in the Nigerian Foreign Exchange Market (NAFEM) to provide more liquidity in the foreign exchange (FX) market. In a statement seen by BusinessDay on Friday night, the CBN said the transactions were conducted on July

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