Tag: forex market

Naira gains against dollar at parallel market

inno.korie- June 27, 2018

The Naira on Wednesday exchanged at N359.80 to the dollar at the parallel market in Lagos gaining 20 kobo from N360 exchanged on Tuesday. The ... Read More

Central Bank Pumps Dollars into Forex Market

Tanimu- March 28, 2018

Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN) on Tuesday, March 27, 2018, intervened in the inter-bank sector of the Foreign Exchange market to ... Read More

Central Bank Floods Forex Market with $335m

Tanimu- March 10, 2018

Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN), in its resolve to guarantee liquidity in the market, injected the sum of $355.43m into the ... Read More

CBN Allocates $55m for Business, Personal Travels for Customers in Forex Market

Henry Solomon- January 29, 2018

Nigerians requiring foreign exchange for Business and Personal Travel Allowances, tuition, medical fees and others can access from a 55 million dollars allocation injected into ... Read More

Central Bank Injects to Boosts Forex, Inter-Bank Foreign Exchange Market

Tanimu- November 29, 2017

Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN) on Tuesday, November 28, 2017, announced the injection of another $210,000,000 to boost liquidity in the ... Read More

CBN ends Forex trading week with $288m Retail SMIS

Tanimu- November 25, 2017

Olalekan Ajayi, ABUJA: The Central Bank of Nigeria (CBN) on Friday, November 24, 2017, injected the sum of $287.89 into the Retail Secondary Market Intervention ... Read More

Apex Bank Injects Another $195m into Forex Market

Tanimu- November 1, 2017

The Central Bank of Nigeria (CBN), on Tuesday, October 31, 2017, injected another $195 million into the inter-bank Foreign Exchange market. The apex Bank offered ... Read More

Central Bank Injected $195m in FOREX Market

Tanimu- October 24, 2017

Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. ... Read More

Central Bank of Nigeria Injects Dollars into Forex Market

Tanimu- October 4, 2017

Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, on Tuesday, October 3, ... Read More

CBN injects $142.5m into foreign exchange market

inno.korie- July 10, 2017

The Central Bank of Nigeria (CBN) on Monday injected 142.5 million dollars into the inter-bank foreign exchange, days after intervening in the retail segment of ... Read More

Keystone Bank Re-admitted to Forex Market After Suspension

Arowobusoye Samuel- May 4, 2017

Olawunmi Ashafa, NAN: Keystone Bank on Thursday said the Central bank of Nigeria(CBN) had readmitted it into the spot and wholesale forwards segment of the ... Read More

Central Bank of Nigeria Releases Telephone Line to address Forex issues

Suleiman Idris- April 2, 2017

    (VON) The Central Bank of Nigeria (CBN) has released an emergency mobile phone line for customers denied access to foreign exchange by banks ... Read More

Update on FOREX Market As Central Bank Offered $100m To Dealers

Tanimu- March 26, 2017

Olalekan Ajayi, Abuja: Following Thursday’s FOREX wholesale auction, the Central Bank of Nigeria (CBN) on Friday, March 24, 2017, concluded transactions on the sum of ... Read More

Breaking: CBN Re-Admitted UBA Into Forex Market

Tanimu- August 24, 2016

CBN Logo Tokunbo Martins, Abuja: United Bank for Africa (UBA) re-admitted into FOREX Market Further to the directive of the Central Bank of Nigeria (CBN) ... Read More

CBN To Banks: Review Your Foreign Currency Loans For Efficiency

Henry Solomon- July 28, 2016

The Central Bank of Nigeria (CBN) has urged banks to review foreign currency denominated loans in line with the Prudential Guidelines for Deposit Money Banks ... Read More