By BizWatch Nigeria Key Points Main Story The Central Bank of Nigeria (CBN) sharply reduced its foreign exchange (FX) market intervention by 83% in April, injecting just $150 million into the official market, down from $895 million recorded in March. Despite the reduced intervention, the naira held relatively firm, closing at N1,374.94/US$1 at the end … Continue reading CBN FX intervention drops 83% to $150m as Naira stability faces pressure