Banking Latest News

CBN Supplies $210Mn Into Inter-Bank Forex Market

The Central Bank of Nigeria (CBN) on Wednesday supplied $210 million to the interbank foreign exchange market to sustain the market’s liquidity. The apex bank’s intervention showed that the sum of $100million was offered to the wholesale segment, while both the Small and Medium Enterprises (SMEs) as well as the Invisibles segments received $55 million […]

Banking Latest News

CBN Supplies $210Mn To Boost Inter-Bank Forex Market’s Liquidity

The Central Bank of Nigeria (CBN) on Tuesday supplied $210 million into the nation’s  inter-bank foreign exchange (Forex) market in furtherance of its sustained efforts to ensure liquidity of the market According to figures provided by the apex bank on the intervention, out of the amount supplied into the market, $100 million was offered to […]