Search

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Advertisement

inter-bank

CBN injects fresh $210m into forex market

|
Forex

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into various sums of the market on Tuesday, August 14, 2018. The breakdown of the figure showed that the sum of $100,000,000 was offered to the wholesale and $55,000,000 was allocated each […]

Foreign reserves hit $47.6bn

|
CBN Nigerians in diaspora sent $22bn home in 2017 - World Bank

In continuation of its efforts in ensuring foreign exchange liquidity and dollar shortages, the Central Bank of Nigeria (CBN) on Friday, lifted the inter-bank forex market with total sum of $331.41 million, even as the nation’s external reserves rose by 0.27 per cent from a month ago to $47.62 billion as of May 30, CBN […]