The first meeting of the Monetary Policy Committee of the Central Bank of Nigeria for 2020 had been shifted.
Browsing: Isaac Okorafor
This is contained in the new guidelines for banks, other financial, and non-bank financial institutions released by the apex bank on Sunday in Abuja.
The CBN Director in charge of Corporate Communications Department, Isaac Okorafor, said the intervention was for requests in the agricultural and raw materials sectors
The Central Bank of Nigeria on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales and 15 million Chinese Yuan in the spot and short-tenored forwards segment of the inter-bank foreign market.
The Central Bank of Nigeria says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on the amount in excess of the set limits.
The Bank’s Director, Corporate Communications Department, Isaac Okorafor, disclosed that the intervention, as in previous sales, was for requests in the agricultural and raw materials sectors, adding that the Chinese Yuan, on the other hand, was for Renminbi-denominated Letters of Credit
This was disclosed in Abuja by the Director, Corporate Communications Department of the CBN, Isaac Okorafor, who explained that the approval in principle was part of the processes the institutions had to fulfil in order to be granted license to operate as fully-fledged Payment Service banks
The Central Bank of Nigeria has injected 210 million US dollars into interbank segment of the Foreign Exchange Market following sales concluded on Tuesday.
The Central Bank of Nigeria has injected 321.11million dollars into the retail Secondary Market Intervention Sales.
Figures obtained from the CBN on Friday indicated that the sum of CNY33, 304,365.10 was also offered in the spot and short tenured forwards segment of the inter-bank foreign exchange market on Friday, August 30, 2019.
The bank gave the warning in a statement on Monday in Abuja issued by its Director, Corporate Communications Department, Isaac Okorafor.
This was disclosed in Abuja on Friday by the Bank’s Director in charge of Corporate Communications Department, Isaac Okorafor.
The Central Bank of Nigeria has injected the sum of 210 million dollars into Nigerian Inter-Bank Foreign Exchange market following conclusion of Tuesday’s transactions.
Figures obtained from the CBN on Tuesday indicated that authorized dealers in the wholesale sector of the market received $100 million, while the Small and Medium Enterprises and the invisibles segments were allocated the sum of $55 million each.
The Nigerian Inter-bank foreign exchange market received another boost of 210 million dollars from the Central Bank of Nigeria after transactions on Tuesday, July 23.
The Central Bank of Nigeria says it has made another intervention of 298.71million dollars in the retail Secondary Market Intervention Sales.
The Central Bank of Nigeria has appealed to Nigerians to stop defacing the naira, describing it as a national identity and symbol, which must be kept neat.
The men’s final, which took place on the Centre Court of the Moshood Abiola National Stadium in Abuja, saw Babalola not fully himself
The Bank’s Director, Corporate Communications Department, Isaac Okorafor, disclosed that the intervention was for requests in the agricultural and raw materials sectors, adding that the Chinese Yuan, on the other hand, was for Renminbi-denominated Letters of Credit.
Figures obtained from the CBN on Tuesday indicates that authorised dealers in the wholesale segment of the market were offered the sum of $100 million, while the Small and Medium Enterprises segment received the sum of $55 million