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Africa · 1 hrs ago
72◉ Centre
CBN says Nigeria’s foreign exchange turnover rises above $400m daily
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Quality 72/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Nigeria's central bank reports that daily foreign exchange turnover has increased to over $400 million, up from approximately $100 million in late 2023, following reforms implemented by the bank's leadership.

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CBN says Nigeria’s foreign exchange turnover rises above $400m daily
According to Mr Cardoso, the apex bank recorded an average daily turnover of about $100 million in late 2023 when he assumed office, but the figure has now increased significantly as a result of reforms introduced by the bank. The post CBN says Nigeria’s foreign exchange turnover rises above $400m daily appeared first on Premium Times Nigeria.
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