The Central Bank of Nigeria (CBN) today injected $210 million into the Inter-bank segment of the Foreign Exchange (Forex) market in furtherance of its sustained monetary policy objective of ensuring adequate liquidity in the market sustainably. Figures obtained from the apex bank on the intervention showed that $100 million was provided for authorized dealers in […]
The Central Bank of Nigeria (CBN), on Tuesday supplied $210 million into the inter-bank foreign exchange (forex) market. The Bank’s Acting Director of Corporate Communications Department, Mr. Isaac Okorafor, confirmed that the apex bank offered $100million to authorized dealers in the wholesale segment of the market, while the Small and Medium Enterprises (SMEs) segment got […]
The Central Bank of Nigeria (CBN) on Tuesday supplied the inter-bank Foreign Exchange (Forex) market with the sum of $210 million to sustain the market’s liquidity. An analysis of the apex bank’s intervention showed that authorized dealers in the wholesale segment of the market received $100 million while the Small and Medium Enterprises, SMEs, segment […]