Two months to the end of the six months’ deadline given by the Central Bank of Nigeria (CBN) for telecom operators to put the infrastructure in place to enable them to obtain full licence to operate as Payment Service Banks (PSBs), the telcos have intensified efforts to …
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The Central Bank of Nigeria (CBN), has injected 297.92 million dollars into the retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor made this known in a statement in Abuja on Friday....
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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.......
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The naira yesterday appreciated to N360.55 per dollar in the Investors and Exporters (I&E) window even as the Central Bank of Nigeria (CBN) injected N210 million into the inter-bank foreign exchange market....
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The Central Bank of Nigeria (CBN) on Saturday rescheduled its Monetary Policy Committee (MPC) meeting for November. The meeting, which is going to be the last for 2018, was earlier scheduled for Monday and Tuesday, November 19 and 20 respectively.....
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It was revealed that the CBN placed a high priority on women, and was increasing the number of females in its fold. The Central Bank of Nigeria has urged more women to approach the banks for small and medium scale.....
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The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November.
A statement issued in Abuja by Isaac Okorafor, the bank’s Director of Corporate...
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The Central Bank of Nigeria (CBN) said the currency swap agreement recently reached with the People’s Bank of China (PBoC), will not cover the importation of substandard...
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In another round of intervention, the Central Bank of Nigeria (CBN) yesterday injected the sum of $210 million into the interbank foreign exchange market to ensure the...
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The Central Bank of Nigeria (CBN) yesterday commenced its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of the....
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The Central Bank of Nigeria (CBN), yesterday injected the sum of $210 million into the inter-bank foreign exchange (forex) market.
Data obtained from the Apex Bank show that.,..
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The Naira has depreciated against Dollar but stayed unchanged against Euro at parallel market.
Trading at the parallel market saw....
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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...
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The Central Bank of Nigeria continued its defence of the naira against depreciation with the injection of $55million into the small and medium scale...
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CBN Acting Director, Corporate Communications, Mr Isaac Okorafor stated this in a statement on Wednesday in Abuja, saying that Buhari in a letter.....
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The Central Bank of Nigeria has rolled out fresh measures to improve foreign exchange liquidity and ensure that eligible travellers...
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The local currency maintains the same rate against Dollar and Euro at parallel market.
The local currency, however, slipped against....
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