foreign exchange market news

The Central Bank of Nigeria (CBN), on Friday, May 3, 2019 made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totaling $271.83million and CNY41.14million. The Director, Corporate Communications at the Bank, Mr. Isaac Okorafor also...

The Central Bank of Nigeria (CBN), yesterday made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totalling $268.60 million and Chinese Yuan CNY39.09 million. Detail of the sales released by the apex bank showed that the sums were injected...

In its bid to ensure continued exchange rate stability, especially during this election season, the Central Bank of Nigeria (CBN) injected over $1.48 billion into the foreign exchange market in the last three weeks, findings by New Telegraph show. The inflow came in the form … Read more...

THE Central Bank of Nigeria, CBN, cash injection into the nation’s foreign exchange market rose by 118 percent to about $48 billion in 2018 from $22 billion in 2017. The cash injections … Read more via Vanguard News Nigeria – http://bit.ly/2VxOOwx Get more: Nigeria Business News

CBN office It is not going to be easy for banks, companies and individuals behind activities aimed at undermining the extant policy on the 41 items banned from accessing foreign exchange at the official window of the Central Bank of Nigeria … Read more via The Guardian Nigeria Newspaper –...

The Central Bank of Nigeria (CBN) on Tuesday, November 27, 2018, enhanced liquidity by intervening in the wholesale segment of the foreign exchange market, offering the sum of $100 million to dealers in that window. In the latest round of intervention, which was made public … Read more via...

Naira on Friday depreciated marginally against the US dollar at the investors’ window, exchanging at N362.64 compared to N362.32 posted on Thursday. The Nigerian currency, however, remained stable... Read more via TODAY.NG – https://ift.tt/2NC1xdd Get more: Nigeria Business News

The Central Bank of Nigeria (CBN) has injected $210 million into the foreign exchange market (Forex) to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications says. In a statement on Tuesday in Abuja, he said $100 million was allotted to...

Shareholders of Dangote Cement on Wednesday approved the dividend payout of N10.50 per 50 kobo share, representing 90 per cent of net profit and an increase of 23.5 per cent over the N8.5 per share paid last year. The President, Progressives Shareholders Association of Nigeria, Boniface...

The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications, said. Mr Okoroafor said this in a statement on Wednesday in Abuja. According to him, the bank...

The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria reports. At the parallel market, the naira traded at N360 to a dollar, stronger than the N360.6 exchanged before the Sallah break, while the Pound Sterling.... Read more...