The Central Bank of Nigeria (CBN) has injected $195 million into the inter-bank of the foreign exchange (forex) market. This comes on the back of the apex bank’s monetary policy
Tag "forex"
In continued efforts to sustain forex liquidity in the country, the Central Bank of Nigeria (CBN) has intervened in the inter-bank foreign exchange market with $195 million. Data released by
The rates of the Nigerian naira at the parallel market is gradually closing in on the official rates set by the Central Bank of Nigeria (CBN) as the bank pumps
Uche Uwaleke, a professor and financial expert, says the Central Bank of Nigeria’s (CBN) intervention in the forex market is already manifesting positively in many sectors of the economy. He
Nigeria’s foreign exchange reserves has shed a total of $493.72 million in the past 21 days. According to data from
The Nigerian naira strengthened slightly at the parallel market, despite fall in the country’s foreign reserves. On Friday, the naira
The Central Bank of Nigeria (CBN) has confirmed excess availability of foreign exchange at the interbank market, as banks fail
The Central bank of Nigeria (CBN) has clarified its new policy action, which lifted a ban on items not eligible
The Central Bank of Nigeria (CBN) pumped $150 million into the foreign exchange market, via the interbank window, but dealers could
Two weeks after opening a special foreign exchange window for small and medium enterprises (SMEs), the Central Bank of Nigeria
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