CBN Pumps $197 Million into FX Market episode artwork

EPISODE · Apr 9, 2025 · 6 MIN

CBN Pumps $197 Million into FX Market

from The Evening Dew · host whatspodcasting

In this episode, Musa dives into the CBN’s $197 million injection into Nigeria’s forex market, aiming to rescue the Naira after hitting a four-month low. He unpacks the impact on import costs, inflation, and dollar liquidity – plus how global factors like Trump’s tariffs play into the mix.Sources:CBN injects $197.71 million into FX market to boost liquidity and stability - Nairametrics🔗 Useful Links & Resources📢 David's Twitter: ⁠⁠⁠⁠@D_rounz⁠⁠⁠⁠👤 Musa’s LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.linkedin.com/in/musa-obed-4380b4179/🎙 AI Transcription & Podcast Creation: ⁠⁠⁠⁠Pllugg⁠⁠⁠⁠ – The easiest way to create more content, stress less, and reach more people as a podcaster.📖 Extra Links:https://whatspodcasting.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thebuildersnotes.vzy.io/⁠⁠⁠⁠

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CBN Pumps $197 Million into FX Market

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