Shares, Banking, Others Attracted $47.45bn Forex In 4yrs   Shares, financing and banking were the three top economic activities that attracted the bulk of the $47.45 billion foreign exchange inflow to Nigeria in the last four years. Data from the National Bureau of Statistics (NBS) show that...

CBN Buoys Forex Market with $210m The Central Bank of Nigeria (CBN), in its quest to guarantee the availability of forex for customers’ needs in various segments of the market, has injected another sum of $210million into the inter-bank Foreign Exchange Market. Figures obtained from the...

CBN injects $335.43m into Retail SMIS The Central Bank of Nigeria (CBN), in its resolve to guarantee liquidity in the market, injected the sum of $355.43m into the Retail Secondary Market Intervention Sales (SMIS) on Friday, March 9, 2018. Figures obtained from the CBN on Friday...

Forex: CBN boosts Retail SMIS with $321.4m The Central Bank of Nigeria (CBN) forex intervention has boosted the Retail Secondary Market Intervention Sales (SMIS) to the tune of $321.4 million. Figures obtained from the Bank on Friday, February 23, 2018, indicate that the amount released...

Forex Market gets CBN’s $210 million boost The inter-bank Foreign Exchange Market(Forex market) has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of the market. In its determination to meet the customers’ needs in the...

Forex: CBN intervenes in Retail SMIS with $325.64m The Central Bank of Nigeria (CBN) has again intervened in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $325.64 million. Figures obtained from the Bank on Friday, February 9, 2018, indicate that the amount released...