Good News for Naira as IMTOs Receive Highest Dollar Inflow in 6 Years

Good News for Naira as IMTOs Receive Highest Dollar Inflow in 6 Years …C0NTINUE READING HERE >>>

Through IMTOs, dollar inflows into Nigeria reached a level not seen in at least six yearsDollar inflows rose by 39% in the first three months of the year, from $771 million in 2023 to $1.07 billionAnalysts attributed this to the removal of exchange rate barrier anymore as there are more IMTOs

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

As a result of the Central Bank of Nigeria’s (CBN) recent reforms, dollar…

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