June 15, 2024

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Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market

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Nigerian Currency Slides 5% After Central Bank Injects More Than  Million Into Forex Market
Nigerian Currency Slides 5% After Central Bank Injects More Than  Million Into Forex MarketThe Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over five per cent to erase the previous day’s gains. The naira’s depreciation is said to have occurred just a day after the central bank intervened by injecting between $80 million and $100 million. […]