Nigeria central bank injects $210 mln into currency market


ABUJA, Jan 29 – Nigeria’s central bank said on Monday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

The bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills. (Writing by Paul Carsten; Editing by Richard Balmforth)