Banking Latest News

CBN Boosts Forex Market Segments With $543Mn, CNY 63Mn

The Central Bank of Nigeria (CBN) on Thursday and Friday, injected a total sum of $543.22 million and CNY 63.21 million into the inter-bank foreign exchange market. At Thursday’s trading session, the apex bank offered the sum of $100 million as wholesale interventions and allocated the sum of $55 million each to the Small and […]

Banking Latest News

CBN Supplies $210Mn Into Forex Market

The Central Bank of Nigeria (CBN) on Tuesday supplied the sum of $210 million to the Inter-bank segment of the foreign exchange (Forex) market as part of its sustained interventions to meet customers’ demands. A breakdown of the distributions into the various segments of the market showed that  the authorized dealers in the wholesale segment […]

Banking Latest News

CBN Injects $210m Into Inter-Bank Segment of Forex Market

The Central Bank of Nigeria (CBN) on Wednesday supplied the inter-bank segment of the foreign exchange (Forex) market with $210 million in furtherance of its efforts to boost the market’s liquidity. An analysis of the Forex supply showed that $100 million was provided for authorized dealers in the wholesale segment of the market while the […]

Banking Latest News

CBN Boosts Forex Market With $210m

The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market as part of its sustained efforts to guarantee forex liquidity and meet customers’ needs in various segments of the market, Figures obtained from the Bank on Monday indicated that the CBN offered $100 million to authorized dealers […]