Naira Holds Steady at ₦1,480/$: CBN Intervenes with $122M Boost to Authorized Dealers

“The Central Bank of Nigeria is not playing defense.

Today, the CBN injected a massive $122 million into the markets to stabilize the Naira against the Dollar.

For digital entrepreneurs, this move signals a much-needed period of predictability for international hosting and ad spend payments. The message is clear: liquidity is returning.”