Business

Nigeria central bank injects $210 million into currency market

Nigeria’s central bank said on Wednesday it had injected $210 million into the interbank foreign exchange market, as it seeks to boost liquidity and alleviate dollar shortages.

The bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills. Reuters

Pix: Nigeria Central Bank Governor, Godwin Emefiele