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CBN
Nigeria will focus on "cheaper" domestic borrowing and loans from concessional sources.
Uncertainty of the market remains, particularly due to liquidity shortages across markets.
Forex turnover rose to $63.44 million on Monday representing a 66.42% increase day on day.
Nigeria’s external reserve position is now $9 billion years to date and down from its peak of $45.17 billion achieved.
Forex turnover dropped from $66.61 million on Thursday to $38.12 million on Friday.
CBN in recent years has played an active role in stimulating growth in the agricultural sector.
Among the 26 banks affected by the latest debits are regular "victims".
At least, more than 1.1 million farmers are expected to benefit from the CBN loans.
The possibility of further devaluation and weak economic outlook has stalled foreign portfolio inflows.
After years of postponement, while sensitizing the populace, the cashless policy looks set to stay.
Over the past few years, a negative string of events have left Unity bank in a precarious situation.
There has been growing pressure for the CBN to unify the exchange rate markets.