Forex Market: CBN Intervenes With $218.41m, CNY 18m In line with its intervention in the interbank foreign exchange (forex) market, the Central Bank of Nigeria (CBN) at the weekend, injected the sum of $218.41million into the retail Secondary Market Intervention Sales (SMIS) and CNY 18million...

CBN Pumps $205m Into Forex Market The Central Bank of Nigeria, on Tuesday, injected the sum of $205m into the inter-bank foreign exchange market in its continued push to sustain liquidity. Figures obtained from the CBN indicated that authorised dealers in the wholesale segment of the...

Experts Call For Improved Regulation Of Forex market Experts from foreign exchange investment firms have called on the Federal Government to regulate the Foreign Exchange Investment market in Nigeria. The experts said that improved regulation would help to reduce the risks and fears and boost investment...

CBN Injects Another $210 Million Into Forex Market     ABUJA – In continuation of its intervention in the inter-bank sector of the Foreign Exchange market, the Central Bank of Nigeria (CBN) has intervened with another sum of $210million in the forex market to meet the requests...

As Rising Reserves Calm Market, I&E Window Trades $1.4bn     The autonomous foreign exchange (forex) market- Investors and Exporters (I&E) Window hit a daily transactions’ value of $1.4 billion at the weekend, riding on increased confidence over Nigeria’s resurging external reserves. The development has also seen the...

With $210m, CBN Lifts The Forex Market In its desire to ensure the availability of forex and also meet customers’ requests in various segments of the market, the Central Bank of Nigeria (CBN) on Monday injected another sum of $210 million into the interbank foreign...