A breakdown of the figure shows $230 million was released as special FX intervention while another sum of $35 million was released through Retail SMIS auction.
Confirming the release in a statement, the Director, Corporate Communications Department at the CBN, Mr. Osita Nwanisobi said: "The Governor, Godwin Emefiele and his team were concerned about the development and what it portends for the sector and travelers as well as the country in the comity of nations."