foreign exchange market

  1. Nigeria Business News

    Business CBN blows $2.04 billion to defend the Naira in May as Reserves deplete – Nairametrics

    In its continued intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) injected a cumulative sum of $2.04 billion to further sustain the improved liquidity and relative stability in the market. According to the latest CBN’s monthly economic … Read more via...
  2. Nigeria Business News

    Business Nigeria’s central bank injects $210 million into FX market to stabilise naira – Pulse Nigeria

    Nigeria's central bank (CBN) has lifted the inter-bank foreign exchange market with $210 million. Isaac Okorafor, the Director, Corporate Communications Department at the CBN stressed that the effort of the bank had continued to stabilise the foreign exchange market....... Read more via...
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    Business Forex: Naira Lifted With $210m CBN Injection – Leadership Newspaper

    The Central Bank of Nigeria (CBN) says it has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market this week. The CBN, in its quest to meet customers’ needs in the various segments of the market offered $100million to … Read...
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    Business Central bank injects $210 million into foreign exchange market – TODAY.NG

    The Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars to meet customers’ requests in various segments of the foreign exchange market. The acting Director, Corporate Communications, CBN, Mr Isaac Okorafor in a statement in Abuja said the bank offered ........... Read more...
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    Naira Defender CBN Pumps $210m Into Forex Market – Sahara Reporters

    The Central Bank of Nigeria continued its defence of the naira against depreciation with the injection of $55million into the small and medium scale... Read more via Sahara Reporters – https://ift.tt/2kCj349 Get more: Nigeria Business News
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    Naira maintains rate against Dollar, Euro, slips against Pound – Naija.ng News

    The local currency maintains the same rate against Dollar and Euro at parallel market. The local currency, however, slipped against.... Read more via Niaija.ng News – https://ift.tt/2KTzVyl Get more: Nigeria Business News
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    Naira appreciates against dollar at investors’ window – Vanguard Newspaper

    The Naira on Tuesday appreciated to N360 to the dollar at the investors’ window, after depreciating for five consecutive days. The Nigerian currency gained 54kobo to exchange at N360, stronger than N360.54 traded on Monday, while it was sold at N305.7 to the dollar at the CBN window. …...
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    Business CBN injects $210 million into foreign exchange market –

    The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments. Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communications, Isaac Okorafor, on Monday in Abuja...
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    Business CBN Injects $195m into Forex Market

    The Central Bank of Nigeria (CBN) on Monday injected the sum of $195 million into the interbank foreign exchange (forex) market. Figures obtained from the Bank indicated that the central bank offered $100 million to authorised dealers in the wholesale segment of the market, while the small and...
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    Business CBN Licenses 11 New International Money Transfer Operators [See LIST]

    The Central Bank of Nigeria has licensed 11 new international money transfer operators in the country. The Acting Director, Corporate Communications, Isaac Okorafor said in a statement on Tuesday, that the apex bank took the decision to ensure liquidity and make foreign exchange more readily...
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