Business

CBN injects $210m in forex market

By Mustapha Sumaila Abuja – The interbank segment of the Nigerian foreign exchange market received a fresh boost of 210 million dollars from the Central Bank of Nigeria (CBN) on Tuesday. The CBN Director of […]

Business

Forex Intervention: CBN injects $298.71m into retail market

By Mustapha Sumaila Abuja – The Central Bank of Nigeria (CBN) says it has made another intervention of 298.71million dollars in the retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr […]

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Business

CBN Injects $331.41m Into Currency Market

(Sundiata Post) – The Central Bank of Nigeria (CBN) on Friday injected $331.41 million into the interbank foreign exchange market, continuing its efforts to boost liquidity and alleviate dollar shortages. The bank said the funds […]

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Business

CBN Lifts Retail SMIS With Fresh $293m

ABUJA (Sundiata Post) -– In continaunce of its commitment to stabilise the foreign exchnage market and boost supply, the Central Bank of Nigeria (CBN) on Friday, lifted the Retail Secondary Market Intervention Sales (SMIS) of […]