Tag: cbn

CBN injects $364m into Inter-Bank Forex Market

The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in...

CBN boosts Forex market with $195m

The Central Bank of Nigeria (CBN), on Monday, boosted the Foreign Exchange (FOREX) market by $195 million intervention in three segments of the market. Mr...

Forex: CBN opens week with $195m intervention

  The Central Bank of Nigeria (CBN), on Monday, offered $100 million in wholesale auction at the inter-bank Foreign Exchange market and intervened in...

CBN boosts Forex market with $462m as naira appreciates against major currencies

The Central Bank of Nigeria (CBN) on Friday injected $462,336,426.74 million into the Foreign Exchange (Forex) market The bank had injected $194 million on...

MPC retains interest rate at 14 per cent

The Monetary Policy Committee (MPC) has, again, retained the Monetary Policy Rate (MPR) at 14 per cent due to uncertainties in the global market. Governor...

CBN injects $195m into Forex market ahead MPC decisions

Ahead of the decisions of the Monetary Policy Committee (MPC) on Tuesday, the Central Bank of Nigeria (CBN) on Monday boosted liquidity in various...

Senate gives NNPC, CBN, NPA seven-day ultimatum to submit budget

The Senate, on Wednesday, gave an ultimatum of one week to all agencies and parastatal agencies  of the Federal Government that had yet to...

Nigeria’s manufacturing sector expands for third consecutive month, says CBN

Nigeria’s manufacturing sector has witnessed expansion for the third consecutive month, according to data released by the Central Bank of Nigeria (CBN). The ...

Forex: CBN boosts supply with $240m to Retail SMIS

In the last trading day of the week and ahead of June 26 and 27 holiday declared by the Federal Government to commemorate...

CBN injects $195m into foreign exchange market

Following its $800 million intervention in the inter-bank Foreign Exchange (FOREX) Market last week, the Central Bank of Nigeria (CBN), on Monday, injected...