Tag: Isaac Okorafor

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Renminbi Intervention: Banks To Earn 50 Kobo Spread On Customer’s Bid- CBN

Renminbi Intervention: Banks To Earn 50 Kobo Spread On Customer’s Bid- CBN

The Central Bank of Nigeria (CBN), on Thursday released its “Regulations for transactions with authorized dealers in Renminbi” on the operations of it...
CBN Boosts FX Liquidity With $331.41m At SMIS

CBN Boosts FX Liquidity With $331.41m At SMIS

In continuation of its push to guarantee foreign exchange liquidity, the Central Bank of Nigeria (CBN) on Friday, June 1, 2018 sold a total of $331.41...
CBN Injects $210m Into Inter-bank FOREX Market

CBN Injects $210m Into Inter-bank FOREX Market

As part of its determination to ensure availability of foreign exchange to genuine customers, the Central Bank of Nigeria (CBN), on Wednesday, May 30,...
CBN To BDCs: You Must Access FX Window Thrice Weekly, Or…

CBN To BDCs: You Must Access FX Window Thrice Weekly, Or…

As part of its key functions of foreign exchange stability and to ensure liquidity in the market, the Central Bank of Nigeria (CBN), on Sunday night d...
Forex: CBN Intervenes With Further $210m

Forex: CBN Intervenes With Further $210m

The Central Bank of Nigeria (CBN), on Wednesday said it made available the sum of $210m, to meet customers’ requests in various segments of the foreig...
CBN Tells Customers To Report Banks That Refuse To sell BTA, PTA

CBN Tells Customers To Report Banks That Refuse To sell BTA, PTA

The Central Bank of Nigeria (CBN), on Wednesday night said it has reliably gathered that some banks in the country are turning back customers that com...
CBN, Chinese Counterpart Seal $2.5bn Currency Swap Deal

CBN, Chinese Counterpart Seal $2.5bn Currency Swap Deal

The Central Bank of Nigeria (CBN) on Thursday announced the execution of a bilateral currency swap agreement with the Peoples Bank of China (PBoC). ...
CBN Boosts Nigeria’s Forex Market with $210m

CBN Boosts Nigeria’s Forex Market with $210m

The Central Bank of Nigeria (CBN), on Wednesday, May 2, 2018, injected the sum of $210 m into the inter-bank Foreign Exchange market in continuation o...
CBN $369m Fx Intervention Targets Agric, Airlines, Others

CBN $369m Fx Intervention Targets Agric, Airlines, Others

The Central Bank of Nigeria (CBN), on Friday continued its intervention as part of its relentless move to guarantee liquidity in the foreign exchange ...
CBN Injects Another $210m Into Forex Market

CBN Injects Another $210m Into Forex Market

The Central Bank of Nigeria (CBN), on Wednesday, continued its intervention in the inter-bank sector of the Foreign Exchange market with another $210m...
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