Banking Latest News

CBN Supplies $334Mn, CNY 52Mn Into FX market

The Central Bank of Nigeria (CBN) on Friday intervened in the Retail Secondary Market Sales (SMIS) to tune of $334,146,393.84 and another sum of CNY 52,106,614.35 to boo the liquidity of the forex market. The apex bank’s Director of Corporate Communications, Isaac Okorafor, said that the interventions were intended to ensure adequate liquidity in the […]