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CBN Injects $205m into Forex Market

The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following the...

CBN Intervenes With $271.83 Million, CNY41.14 Million In Retail SMIS

The Central Bank of Nigeria (CBN), on Friday, May 3, 2019 made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign...

Forex Intervention: CBN Injects $289.76m, CNY 38.70m Into Retail SMIS

Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) on Friday, January 25,...

CBN Intervenes in FOREX Market

Destiny Ugorji With the resumption of business after the Christmas and Boxing Day festivities, the Central...

CBN Injects $210mto Boost Forex Market

Abuja – The Central Bank of Nigeria (CBN), in continuation of its intervention in the foreign exchange market, has injected another sum of $210...

Press Release On Recent FOREX Sanction

The Central Bank of Nigeria (CBN) acknowledges the public interest over sanctions recently imposed on four deposit money banks (DMBs). We wish to restate that...

Analysis – Regulatory Zeal And FDI

By SBM Intelligence, Last week, the Central Bank of Nigeria (CBN) disclosed that it had hit four banks with fines to the tune of ₦5.65...

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

…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...

Forex: Wholesale Market, Others Get $210m CBN Boost

ABUJA – The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of...

CBN Sustains Forex Intervention, Injects Fresh $210m

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

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