Banking Economy News Extra Latest News

CBN Boosts Inter-Bank Forex Market Liquidity With $210Mn

The Central Bank of Nigeria (CBN) on Tuesday supported the inter-bank Foreign Exchange Market with the sum of $210 million in continuation of its sustenance of liquidity in that segment of the market. Data provided by the bank on the intervention indicated that authorized dealers in the wholesale segment of the market were offered the […]

Banking Economy News Extra Latest News

CBN Boosts Forex Market’s Liquidity With $210Mn

The Central Bank of Nigeria (CBN) on Tuesday supplied $ 210 million into the inter-bank Foreign Exchange (Forex) market as part of its sustained interventions to ensure adequate foreign currencies availability in the market. The apex bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, who confirmed the intervention in a statement hinted that $100 million […]