The Central Bank of Nigeria has injected 15.3 billion dollars into the economy to stabilize the value of the naira from January to October, 2022.

This was obtained in the banking sector regulator’s monthly and quarterly economic reports on foreign exchange market developments.

The CBN stated that total foreign exchange sales to authorized dealers by the bank, at 4.86 billion dollars decreased by 5.8 percent, compared with the previous quarter’s level.