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Acting Director

CBN injects $210m to boosts Forex market

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cbn

The Central Bank of Nigeria (CBN) on Tuesday, announced the injection of another $210,000,000million to boost liquidity in the inter-bank Foreign Exchange Market. Disclosing this in Abuja, the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor said the sum of $100m was offered to the wholesale segment, while the Small and Medium Enterprises (SMEs) […]

Eid-el-Kabir: CBN injects $547m into Forex market this week

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Central Bank of Nigeria, (CBN), has given the Nigerian currency, the Naira, another big boost on Thursday, through the injection of $297m into the Retail Secondary Market Intervention Sales (SMIS) segment of the Foreign Exchange (Forex) market. This has, therefore, raised the total intervention for the week to the sum of $547m in view of […]