BREAKING: CBN reports over $1.5bn Forex Inflow

) has disclosed that the Nigerian economy witnessed $1.5 billion foreign exchange inflow into the country, two days after the Monetary Policy Committee meeting.

Mrs. Hakama Sidi Ali, Acting Director of Corporate Communications for the CBN, stated that data shows that the inflows stemmed from the CBN’s initiatives to stabilize the foreign exchange market. This development she noted “aligns with Governor Olayemi Cardoso’s recent pronouncements following the Monetary Policy Committee meeting on March 26th, 2024”.CBN: Remita’s choice as payment facilitator merit-based

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