Tag: Isaac Okorafor

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CBN injects $210m into Nigeria’s Forex Market

CBN injects $210m into Nigeria’s Forex Market

The Central Bank of Nigeria (CBN) has injected a further $210m into the inter-bank Foreign Exchange Market to meet customers’ requests in various segm...
CBN Injects $262.5m Into Retail Secondary Market Intervention

CBN Injects $262.5m Into Retail Secondary Market Intervention

The Central Bank of Nigeria (CBN) on Friday, January 12, 2018, carried out its maiden intervention in the Retail Secondary Market Intervention Sales (...
CBN Restates Commitment To FX Intervention, Liquidity

CBN Restates Commitment To FX Intervention, Liquidity

The Central Bank of Nigeria (CBN), on Tuesday restated its commitment to sustain its intervention in the inter-bank segment of the foreign exchange ma...
CBN Boosts Nigeria’s Forex Market With Further $210m

CBN Boosts Nigeria’s Forex Market With Further $210m

The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 2017, received yet another boost of $210m from the Central Bank of ...
Real Sector Gets Lion’s Share Of $303.9m CBN FX Intervention

Real Sector Gets Lion’s Share Of $303.9m CBN FX Intervention

Ahead of the yuletide and year end activities, the Central Bank of Nigeria (CBN) on Friday sold a total $303.9m to close the foreign exchange market f...
CBN Boosts Nigeria’s Forex Market With $210m

CBN Boosts Nigeria’s Forex Market With $210m

The Central Bank of Nigeria (CBN) on Tuesday, November 28, 2017, announced the injection of a further $210m to boost liquidity in the inter-bank Forei...
Naira Remains Strong as CBN Pumps in $195m

Naira Remains Strong as CBN Pumps in $195m

The Central Bank of Nigeria (CBN), on Monday continued its sustenance of FOREX liquidity by injecting another $195m into the inter-bank Foreign Exchan...
Anchor Borrowers: CBN Targets 2m Tonnes More From 300,000 Rice Farmers

Anchor Borrowers: CBN Targets 2m Tonnes More From 300,000 Rice Farmers

• Releases N45.5bn To Cultivate 9 Commodities In 30 States The Central Bank of Nigeria (CBN), on Wednesday announced strategic partnerships with ag...
Forex: CBN Boosts Forex Supply With $195m

Forex: CBN Boosts Forex Supply With $195m

In keeping with its resolve to ensure convergence of the parallel and official exchange rates in the country, as well as exchange stability, the Centr...
CBN To Sanction Banks For Non-Compliance With Retail FX Transactions Directive

CBN To Sanction Banks For Non-Compliance With Retail FX Transactions Directive

• Intervenes With A Further $545m The Central Bank of Nigeria (CBN) on Monday expressed displeasure at the failure the nation’s banks to fully comp...
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