oil price drop

  1. New U.S. Tariffs Hit Nigeria: CBN Intervenes with $197M Sale

    Nigeria New U.S. Tariffs Hit Nigeria: CBN Intervenes with $197M Sale

    The Central Bank of Nigeria sold $197.71 million to banks to protect the FX market from the fallout of new U.S. tariffs and falling oil prices. The move aims to stabilize the naira and maintain liquidity amid global market adjustments. The CBN pledges continued vigilance and market support. The...
    • Nigeria News
    • Article
    • 2 min read
    • cbn dollar sale naira stabilization nigeria fx market oil price drop u.s. tariffs impact
    • Category: Business

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