#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 concluded on Tuesday, June 11, 2019. Figures obtained from the […]
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 $294.7million. Figures obtained from the Bank on Friday indicated that […]
#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, in its continued push to sustain liquidity in the sector. […]
#TrackNigeria – The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following the sales concluded on Tuesday, May 7, 2019. Figures obtained […]
#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 Exchange market totaling $271.83million and CNY41.14million. The Director, Corporate Communications […]
#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, intervened with the sum of $210 million to sustain liquidity […]
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, by Mr Isaac Okorafor, Director, Corporate Communications, CBN, said it […]
#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 (SMIS) and CNY 34.8million in the spot and short tenored […]
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, 2019, injected the sums of $269.92 million and CNY 31.34 […]
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 revive the industry and save revenue. Mr Timothy Olawale, Director-General, […]
CBN Governor, Godwin Emefiele: says textiles imports are now on forex restriction list with immediate effect By Folasade Akpan/Abuja Textiles and garments imports have joined the FOREX restriction list of the Central Bank of Nigeria, […]
By Racheal Ishaya The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers. The CBN Director, Corporate Communications Department, Mr Isaac Okorafor, […]
By Racheal Ishaya The Central Bank of Nigeria (CBN) on Friday provided 340 million dollars and 46.3 million Chinese Yuan (CNY) to customers seeking foreign exchange in the agricultural and raw materials sector. CBN Spokesman, Isaac Okorafor, […]
#TrackNigeria – The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange market in its determination to boost supply in that sector of the market. Figures […]
#TrackNigeria : The Central Bank of Nigeria (CBN) has again made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totaling $279.13 million and CNY 46.92. Figures of the sales […]
The Central Bank of Nigeria (CBN) on Tuesday, January 29, 2019, injected another sum of $210 million into the inter-bank foreign exchange market. According to the apex bank the move is in continuation of its […]
By Fabian Ekeruche The Naira on Wednesday, sold at N363.05 to the dollar at the investors’ window. Market turnover stood at $333.37 million. At the parallel market, the dollar remained stable, exchanging at N360, while […]
The Central Bank of Nigeria (CBN) on Friday, January 4, 2019, made its first intervention in the inter-bank sector of the Foreign Exchange market for 2019 with a total sum of $210 million injected into […]
The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market. Mr Isaac Okorafor, CBN Director, […]
In its first intervention in the foreign exchange market for the month of December, the Central Bank of Nigeria (CBN) on Tuesday, December 4, 2018 injected the sum of $210 million in the inter-bank foreign […]
The Central Bank of Nigeria (CBN) on Tuesday intervened in the wholesale segment of the foreign exchange market by injecting the sum of $100 million to dealers in that window. In the latest round of […]
The Central Bank of Nigeria (CBN) has again intervened in the interbank foreign exchange market by injecting the sum of $210million in the sales concluded on Wednesday, November 21, 2018. Figures obtained from the Bank […]
In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday, November 16, 2018, injected the sum of $318.03million in the retail Secondary Market […]
Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central Bank of Nigeria (CBN) on Tuesday, October 30, 2018 to meet the requests […]
In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, injected over 337 million dollars in the Inter-Bank Foreign Exchange (Forex) market. The CBN also intervened to the tune of 53.44 million […]
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