The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various segments of the market. Figures obtained from the Bank on Monday, January 15, 2018, indicate that the CBN offered $100million to...

The Central Bank of Nigeria (CBN) has injected a fresh $195 million into the interbank foreign exchange market, as part of its continued bid to maintain liquidity in the market. Figures released by the bank show that it offered a total sum of $100 million...

CBN injects another $195m into Forex market The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, on Tuesday, October 3, 2017, intervened in the inter-bank Foreign Exchange Market to the tune of $195million. Figures released by the...

The Central Bank of Nigeria (CBN) has continued its intervention in the interbank foreign exchange market to the tune of $250million in three segments of the market. In the wholesale segment of the interbank forex market, it sold $100 million and also uplifted the small...

Players in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria (CBN) following bids received from forex dealers by the apex Bank. Information obtained from the CBN indicates that the deals in the retail...

Following the conclusion of the Monetary Policy Committee Meeting, the Central Bank of Nigeria (CBN) has injected the sum of $186.5million into the invisible and the whole Wholesale Secondary Market Intervention Sales (SMIS) segments of the forex market. The sum is made up of $36.5...