Naira Gain More Strenght As CBN Boosts Forex Sale

The  Nigeria Naira is set to appreciate further in the week as the Central Bank of Nigeria (CBN) plans to inject more Foreign Exchange (Forex) into the market to meet the requests of genuine customers.

The  CBN spokesman of Mr Isaac Okorafor, gave the assurance in a statement on Sunday in Lagos.

 Reports has it  that the apex bank had so far kept to its promise of continuing to supply enough forex to guarantee liquidity in the market.

The statement said the bank was committed to ensuring that authorised dealers got sufficient supply to meet the demands of authentic customers of banks.

 It disclosed that the bank had since February offered over one billion dollars to the interbank market.

The bank expressed optimism that stability had been restored to the forex market.

According to the statement, individuals can easily access forex to address personal and business allowances.

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