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Corporate Communications Department

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) […]

Naira to gain as CBN boosts FOREX Market with $306.3m

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cbn

Mathew Dadiya, Abuja Players in the retail segment of the Nigerian inter-bank foreign exchange market on Friday received a $306.3million boost from the Central Bank of Nigeria (CBN), following bids received from forex dealers by the apex bank. Information obtained from the CBN on Friday indicates that the deals in the retail window represent requests […]