By Modupe Gbadeyanka
A new forex exchange retail option is being planned for introduction into the forex market by the Central Bank of Nigeria (CBN).
Acting Director in charge of Corporate Communications at the CBN, Mr Isaac Okorafor, made this disclosure on Monday in a statement issued in Abuja.
In the statement, Mr Okorafor also said the apex bank released another $195 million into the market to boost liquidity and further meet customers’ requests in various forex segments.
According to her, $100 million was released to authorised forex dealers through the interbank market.
In addition, the sum of $50 million was sold to Small and Medium Enterprises (SMEs) to meet their needs, while $45 million was allotted to meet demands for business/personal travel allowances, school tuition and medicals.
Dipo Olowookere 
Adedapo Adesanya