The Central Bank of Nigeria has again injected the sum of $210 million into the inter-bank Foreign Exchange Market.
Browsing: Isaac Okorafor
The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria following sales concluded on Tuesday.
The Central Bank of Nigeria on Friday made interventions in the Retail Secondary Market Intervention Sales of the Foreign Exchange market totaling $271.83 million and CNY41.14 million.
The Central Bank of Nigeria says it is directly involved in financing agriculture, infrastructure and Micro Small and Medium Enterprises to ensure real growth in the economy.
The Central Bank of Nigeria has again injected 210 million dollars into the inter-bank Foreign Exchange Market.
In continuation of its periodic intervention in the inter-bank segment of the foreign exchange market, the Central Bank of Nigeria on Friday injected $269.92 million and CNY 31.34 million in the Retail Secondary Market Intervention Sales of the Foreign Exchange market.
The Central Bank of Nigeria has injected the sum of $210 million into the inter-bank Foreign Exchange Market.
The Central Bank of Nigeria on Friday provided 340 million dollars and 46.3 million Chinese Yuan to customers seeking foreign exchange in the agricultural and raw materials sector.
The Central Bank of Nigeria has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.
The Central Bank of Nigeria on Monday denied involvement in foreign exchange manipulation as alleged in one of the national dailies.
In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria on Tuesday injected another sum of $210 million into the inter-bank foreign exchange market.
The Central Bank of Nigeria says it plans to raise treasury bills worth N823.43 billion in the first quarter of 2019.
The Central Bank of Nigeria has announced the resolution of its dispute with MTN Communications Limited, saying the company will now atone only for the illegal remittances on preference shares issued in 2008.
The Central Bank of Nigeria on Saturday rescheduled its Monetary Policy Committee meeting for November.
Isaac Okorafor, Director, Corporate Communications at the CBN, made this known in a statement on Tuesday in Abuja
The Central Bank of Nigeria on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales in its first intervention in the inter-bank foreign market for November.
The CBN also intervened to the tune of 53.44 million Chinese Yuan in the Spot and Short tenored forwards of the inter-bank foreign exchange market.
The Director, Corporate Communications at the Bank, Isaac Okorafor, reiterated that the Bank’s continued intervention in the inter-bank sector was aimed mainly at ensuring adequate liquidity in the market, even as he noted that there was not much pressure on the naira
The Governor, Central Bank of Nigeria, Godwin Emefiele, on Wednesday said the apex bank was duly committed in positioning the economy on the path of growth by supporting small businesses in the country.
CBN Director, Corporate Communications, Isaac Okorafor, said the sale in the Chinese Yuan was done through a combination of Spot and Short-tenored Forwards.