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Business CBN Injects $195m into Forex Market
The Central Bank of Nigeria (CBN) has intervened in inter-bank Foreign Exchange Market with the supply of $195 million as an effort to stabilise the market. The acting Director, Corporate Communications of the apex bank, Mr Isaac Okorafor, said in a statement on Monday that $100 million was...- ProfRem
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- cbn cbn injects into fx market central bank of nigeria forex market isaac okorafor nan news nigeria news
- Replies: 1
- Forum: Business News Links
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Business Naira Gained 1.6% Last Week, Climbed 3-month High Against Dollar
Naira traded bullish last week gaining 1.57 per cent to exchange at N380 from N386 per dollar it opened on Monday in the parallel market. This development is coming as the CBN conducted its weekly Secondary Market Intervention Sales (SMIS) auction at the official foreign exchange market. CBN...- ProfRem
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- cbn mpc meeting cbn spokesperson isaac okorafor naira news nigeria naira nigeria naira rate today
- Replies: 3
- Forum: Business News Links
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Business Naira To Appreciate Stronger In Buhari's Absence
Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market thereby heightening expectations that the Naira will appreciate significantly during the week. This development is coming as...- ProfRem
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- bureau de change central bank of nigeria isaac okorafor naira nigeria naira exchange rate today nigeria news
- Replies: 2
- Forum: Business News Links
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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...- ProfRem
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- central bank of nigeria foreign exchange market international money transfer operators isaac okorafor nigeria news nigerianbulletin
- Replies: 0
- Forum: Business News Links
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