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CBN injects fresh $210m into forex market

Ihesiulo Grace 15 August 2018 0

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

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

Business News

Foreign reserves hit $47.6bn

Ihesiulo Grace 4 June 2018 0

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 […]

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