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Retail SMIS Get $337.16m, CNY 56.17m Injection

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ABUJA – In its first intervention in the inter-bank foreign market for the month, the Central Bank of Nigeria (CBN) on Friday, November 2,...

Forex: CBN Injects $317.52m, CNY 58.40m Into Retail SMIS

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 ABUJA – The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total...

Forex: CBN Injects $303m, CNY 46.58m Into Retail SMIS

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 ABUJA –  The Central Bank of Nigeria (CBN), on Friday, September 7, 2018, injected the sum $303.91 million into the interbank retail Secondary Market...

CBN Pumps $543m, CNY 63m Into Forex Market

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…Retail segment receives $323m boost …Wholesale segment gets $100m …SMEs, Invisibles get $55m each  ABUJA – In another major round of interventions, the Central Bank of Nigeria...

CBN Sustains Forex Intervention, Injects Fresh $210m

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ABUJA – The Central Bank of Nigeria (CBN), on Tuesday, July 17, 2018 injected the sum of $210 million into the inter-bank foreign exchange...

Forex: CBN Okays Wider Margin For BDCs

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…Offers $100m to wholesale segment; …Invisibles, SMEs windows get $55 m each ABUJA - The Central Bank of Nigeria (CBN) has approved an upward review of...

Forex: CBN Sells $331.41m at SMIS

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ABUJA– In continuation of its push to guarantee foreign exchange liquidity, the Central Bank of Nigeria (CBN) on Friday, June 1, 2018 sold a...

Emefiele Storms Banks To Monitor OTC Forex Order

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….Says no one should buy USD above N360 Following the new directive of the  that all Deposit Money Banks (DMBs) must sell foreign exchange to...

CBN Continues Interventions In FOREX Market

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ABUJA – The Central Bank of Nigeria (CBN) has stepped into the inter-bank sector of the Foreign Exchange market, yet again, intervening in the...

5 Rules For Changing Money When You Travel Abroad

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You arrive at your destination famished and dehydrated after several hours on a plane, you walk into one of the fancy restaurants at the...
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