Banking Latest News

CBN Supplies $358Mn Into Retail SMIS Forex Market

The Central Bank of Nigeria (CBN) on Friday injected the sum of $358 million into the Retail Secondary Market Intervention sales (SMIS) segment of the foreign exchange market. The intervention was to ensure adequate liquidity to meet the needs  in the agricultural, petroleum products, airlines, raw materials and machinery sectors. The apex bank’s Acting Director […]