Forex Intervention: CBN injects $323.5m, CNY 17.9m into Retail SMIS
In its last intervention for the month of November,the Central Bank of Nigeria (CBN) on Friday, November 29, 2019, made an intervention of $323.5million in […]
Forex
Retail SMIS Forex Intervention: CBN injects $341.75m, CNY14.7m
The Central Bank of Nigeria (CBN), has intervened in the Retail Secondary Market Intervention Sales (SMIS), to the tune of $341.75 million in addition to […]
Forex Intervention: CBN injects $314.74m, CNY 23.5m into Retail SMIS
In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, September 20, 2019, injected the sum […]
CBN injects $210m into Forex Market
The interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded […]
Forex Intervention: CBN injects $321.11m, CNY 33.3m into retail market
The Central Bank of Nigeria (CBN) has injected 321.11million dollars into the retail Secondary Market Intervention Sales (SMIS).The CBN Director of Corporate Communications, Mr Isaac […]
Pound falls as traders brace for Brexit showdown with parliament’s return
The British pound weakened on Monday as traders braced for a clash between the government and lawmakers opposed to Prime Minister Boris Johnson’s Brexit plans […]
Presidential directive on forex for foods importation: Issues, concerns, By Mustapha Sumaila
Stakeholders have continued to react to the recent directive given by President Muhammadu Buhari to the Central Bank of Nigeria (CBN) to restrict forex on […]
FOREX withdrawal for food import will increase smuggling, says NECA
#TrackNigeria: The Nigeria Employers’ Consultative Association (NECA) on Wednesday warned that there would be unprecedented smuggling of food products because of President Muhammadu Buhari’s directive […]
Buhari directs CBN to stop forex for food import, vows to attend retreat for ministers
President Muhammadu Buhari Tuesday in Daura, Katsina State, disclosed that he has directed the Central Bank of Nigeria (CBN) to stop providing foreign exchange for […]
Forex Intervention: CBN injects $280.04m, CNY 28.3m into Retail SMIS
#TrackNigeria –The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04million from the Central Bank of Nigeria (CBN), which also injected the […]
Inter-Bank Forex Market: CBN intervenes with $210m
The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN), following transactions concluded on Tuesday, August […]
Forex: CBN boosts wholesale segment, others with $210m
#TrackNigeria —In its last intervention for the month of July, the Central Bank of Nigeria (CBN) has injected the sum of $210 million into the […]
Nigerian Inter-Bank Forex Market gets CBN boost
#TrackNigeria–The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) following transactions concluded on Tuesday, July […]
NNPC, Budget Office strategize on budgets
#TrackNigeria –The Nigerian National Petroleum Corporation (NNPC) and the Budget Office of the Federation have commenced extensive round-robin stakeholder engagement designed to seek effective coordination […]
FOREX: CBN summons currency dealers on development
#TrackNigeria: The Central Bank of Nigeria (CBN) has summoned all authorised currency dealers for a meeting to discuss development in the foreign exchange market. The […]
CBN Injects $210m into Forex Market
#TrackNigeria -The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales […]
CBN injects $294.7m, CNY 31.43m into Retail SMIS
The Central Bank of Nigeria (CBN) on Friday, May 31, 2019, again intervened in the retail Secondary Market Intervention Sales (SMIS) to the tune of […]
CBN injects $205 million into Forex Market
#TrackNigeria – The Central Bank of Nigeria (CBN) on Tuesday, May 28, 2019, injected the sum of $205 million into the inter-bank Foreign Exchange Market, […]
CBN Injects $205 million into Forex Market
#TrackNigeria – The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following […]
CBN intervenes with $271.83m, CNY41.14m in Retail SMIS
#TrackNigeria- The Central Bank of Nigeria (CBN), on Friday, May 3, 2019 made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign […]
Inter-Bank Forex Market gets $210 million boost from CBN
#TrackNigeria – As part of its ongoing mediation in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Wednesday, April 24, 2019, […]
Again, CBN boosts forex market with $210m
The Central Bank of Nigeria (CBN) has again injected 210 million dollars into the inter-bank Foreign Exchange Market. A statement issued on Tuesday in Abuja, […]
Forex Intervention: CBN injects 247.8m, CNY 34.8m into Retail SMIS
#TrackNigeria – The Central Bank of Nigeria (CBN) on Friday, April 5, 2019, made an intervention of $247.8million in the retail Secondary Market Intervention Sales […]
CBN intervenes with $ 269.92m, CNY 31.34m in Retail SMIS
In continuation of its periodic intervention in the inter-bank segment of the foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, March 8, […]
FOREX ban on textile importers will revive industry – OPS
By Chinyere Bassey The Organised Private Sector (OPS) says the Federal Government’s decision to stop sale of foreign exchange to importers of textile materials will […]