The exchange rate in the foreign exchange (FX) market stabilized as the Central Bank of Nigeria (CBN) intervened with $360 million to support the naira, countering increased demand for the U.S. dollar. On Friday, the naira rebounded against the dollar in last-minute transactions, bolstered by increased liquidity from the CBN. The exchange rate appreciated by … Continue reading Central Bank Intervenes With $360M To Support Naira In 5-Day