Business

Forex turnover falls 56.17% to $203 million despite CBN’s current policies 

Forex turnover dropped by 56.17% to $203 million  as the Nigerian naira gained against the dollar marginally on Wednesday, February 7th, 2024 at the official market. 


Conversely, the exchange rate deteriorated in the black market during the same period.  


This is despite a slew of policies from the Central Bank of Nigeria (CBN) aimed at improving forex supply