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...
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 …
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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 …
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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.
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