By Dayo Omoogun
The Central Bank of Nigeria has again intervened in the inter-bank Foreign Exchange Market with a fresh injection of the sum of $210 million on Tuesday.
This disclosure was made in a statement put out by the Director of Corporate Communications Mr. Isaac Okoroafor.
Almost half of the sum, $100m was allocated to the wholesale segment while the small and medium enterprises (SMEs) as well as invisibles such as school fees, medical fees etc got $55m apiece.
According to Okorafor, the continued intervention by the Bank underscored the resolve of the Governor, Godwin Emefiele, to guarantee access to all those who genuinely required foreign exchange from the forex market.