Foreign Exchange Market Archives - DAILY TIMES Nigeria

Business News

External reserves shed $539.3m in January

Ihesiulo Grace 3 February 2020 0

…CBN will be able to sustain its Naira defence through H1-2020 – Analysts Amidst the Central Bank of Nigeria (CBN) continuous interventions in the foreign exchange market, so as to strengthen the naira against other foreign currencies, the external reserves has reduced by $539.3 million

Business

CBN lifts FX market with $323.5m, CNY17.9m

Ihesiulo Grace 2 December 2019 0

In its last intervention for the month of November, Friday 29, the Central Bank of Nigeria (CBN) lifted the foreign exchange market with an intervention of $323.5million in the Retail Secondary Market Intervention Sales (SMIS) and CNY 17.9million in the spot and short tenored forwards segment of the inter-bank market. The CBN Director, Corporate Communications […]

Banking Business Economy

CBN reviews e-payments regulation for public, private sectors

Ihesiulo Grace 11 September 2019 0

…Lifts forex market with $210m FX injection Motolani Oseni The Central Bank of Nigeria (CBN) on Tuesday released regulation for electronic payments and collections for public and private sectors in the country. This is just as the apex bank boosted the interbank segment of the Foreign Exchange Market with an injection of $210 million. The […]

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