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Forex

CBN injects $250m into Forex Market

The Central Bank of Nigeria (CBN) has again intervened in the Inter-Bank Foreign exchange Market to the tune of 250 million dollars.The Acting Director, Corporate Communications Department, CBN, Mr Isaac Okorafor, said the Apex Bank…

CBN boosts Forex market with $195m

The Central Bank of Nigeria (CBN) on Monday offered 195 million dollars in three segments of the Foreign Exchange Market (Forex) to boost liquidity in the operation.Mr Isaac Okorafor, CBN’s Acting Director, Corporate Communications…

CBN boosts Forex market with $195m

The Central Bank of Nigeria (CBN) on Monday boosted the Foreign Exchange (FOREX) market by 195 million dollars intervention in three segments of the market.Mr Isaac Okorafor, the Acting Director, Corporate Communications Department of…

Forex: CBN injects $195m intervention

The Central Bank of Nigeria (CBN) on Monday injected another 195 million dollars into the Foreign Exchange (Forex) market.Mr Isaac Okorafor, Acting Director in charge of Corporate Communications, CBN, said this in a statement in Abuja.…

CBN boost Forex market with $462m

The Central Bank of Nigeria (CBN) on Friday injected 462,336,426.74million dollars into the Foreign Exchange (Forex) marketThe bank had injected 194 million dollars on July 24.Mr Isaac Okorafor, Acting Director in charge of Corporate…

FOREX: CBN boosts Retail Segment with $254.3m

Players in the retail segment of the Nigerian inter-bank Foreign Exchange (FOREX) market received a 254.3 million dollars boost from the Central Bank of Nigeria (CBN) on Friday.The acting Director, Corporate Communications at the CBN,…

CBN lifts Naira with $482.6m

The Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of 482.6 million dollars in the first trading day after the Democracy Day celebrations.A statement issued by its Acting Director, Corporate…

CBN injects $457.3m into forex market

The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars into various segments of the market.The CBN Spokesman, Mr Isaac Okorafor in a statement in Abuja, said that both the spot and forwards segments garnered 267.3…

Naira appreciates to 386/dollar

The naira has appreciated to N386 against the United States dollar as the Central Bank of Nigeria continues to supply dollars into the foreign exchange market.According to a report by The Punch, the local unit closed at N386/dollar on…

Forex: Buhari happy with market stability

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has briefed President Muhammadu Buhari on the stability in the Foreign Exchange market and other activities of the apex bank.Emefiele, who spoke to State House…

CBN offers $100m forex to dealers

The Central Bank of Nigeria (CBN) on Thursday said it had offered 100 million dollars to authorised dealers as its intervention to stabilise the foreign exchange market.Mr Isaac Okorafor, Acting Director of the Corporate Communications…