Nigeria’s volume of transaction in forex market surges to $800m

Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says for the first time in a long while, the country’s volume of transactions in the foreign exchange market rose to $800 million.
He disclosed this while addressing members of the House of Representatives at the sectoral debate on the economy.
Cardoso said he is confident that with the recent policy intervention by the CBN, the Nigerian economy will bounce back stronger.