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...
