nigeria foreign exchange
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Nigeria Naira Crisis: Nigerian Government Continues 'Stick and Carrot' Approach as CBN Releases $20,000 to Each BDC to Stabilize Currency
The Central Bank of Nigeria (CBN) is taking proactive measures to rectify distortions in the country's foreign exchange market, particularly in the retail segment. In a recent circular by Dr. Hassan Mahmud, the Director of the Trade & Exchange Department, the CBN announced its decision to... -
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Business Foreign reserves dip by $34.55b – The Nation News
https://thenationonlineng.net/foreign-reserves-dip-by-34-55b/- Chinedu Iroka
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Business Nigeria’s foreign exchange inflow hits $91bn in 2017 – CBN report – Premium Times Nigeria
The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The bank disclosed in its 2017 annual report released on Thursday that the figure was an increase of 45 per cent from $62.75 billion … Read more via Premium Times...- curator
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Business What we have learnt from bank earnings so far – BusinessDay
It’s a mix of good and bad for the seven Banks that have released second quarter (Q2), 2018 results so far. A record drop in impairment on financial assets on the back of gradual improvement in the economy and gains on foreign exchange transactions … Read more via BusinessDay : News you can...- curator
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Business CBN injects $210m to strengthen Naira – NaijaBizCom.Com
The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the system. The Acting Director, Corporate Communications, Mr Isaac Okorafor, disclosed this in a statement in Abuja, on Tuesday. Read more via...- curator
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