Forex Market gets CBN’s $210 million boost The inter-bank Foreign Exchange 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 sundry...

Forex Market gets $210m lift from CBN In its desire to ensure liquidity in the foreign exchange market to meet customers’ requests in various segments of the market, the Central Bank of Nigeria (CBN) has again injected the sum of $210million into the inter-bank Foreign...

Forex: Retail SMIS Gets $343.06m boost The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Bank...

Inter-Bank Sector Gets $210m Forex In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, May 15, 2018, injected the sum of $210million into the inter-bank Foreign Exchange Market(forex) to boost liquidity in the system. The figures released by the Bank in Abuja...

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the Bank on Monday, November 20, 2017, intervened in the inter-bank Foreign Exchange Market to the tune of $210,000,000. Figures obtained from the Bank reveal that...

Cyber criminals have cloned the website of the Central Bank of Nigeria (CBN) with a view to defrauding the unsuspecting public. Against this background, CBN spokesman, Isaac Okorafor, has urged Nigerians to disregard any other website than the bank’s www.cbn.gov.ng. “Our attention has been drawn to...