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Forex: Naira lifted with $210m CBN injection

Forex: Naira lifted with $210m CBN injection The Central Bank of Nigeria (CBN) has made available the sum of $210 million, to meet customers’ requests in various segments of the foreign exchange market. The CBN, in its quest to meet customers’ needs in the various segments...

Implication of Nigeria’s currency swap deal with China

For diverse stakeholders in the economy, the Federal Government’s recent currency swap deal with China holds both bright prospects and grave implications for Nigeria even as the naira inched up against the dollar at the weekend at the parallel market. During his official trip to...