CBN threatens to sanction banks without Forex sales point
The Central Bank of Nigeria (CBN), on Monday, threatened to sanction any Deposit Money Bank (DMB) in breach of its ...
Tag: cbn
Naira remains stable at parallel market
The Naira, on Wednesday, remained stable at the parallel market, exchanging between N365 and N367 to the dollar. The Pound ...
CBN injects another $250m into Forex Market
The Central Bank of Nigeria (CBN), in its relentless effort to keep the inter-bank foreign exchange market liquid, on Monday, ...
CBN injects $297m into Forex market
The Naira has been given another boost as the Central Bank of Nigeria (CBN,) on Thursday) injected $297 million into ...
CBN injects $250m into Forex Market
The Central Bank of Nigeria (CBN) has again intervened in the Inter-Bank Foreign exchange Market to the tune of $250 ...
CBN boosts Forex market with $195m
The Central Bank of Nigeria (CBN), on Monday, offered $195 million in three segments of the Foreign Exchange Market (Forex) ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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), ...
CBN moves against inflation, mops up N200bn in special OMO
In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop ...
Naira lifted again as CBN injects $418m
The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million ...
CBN injects $190m into Forex market
Relentless in its push to achieve convergence of rates in the interbank and Bureau de Change segments of the foreign ...
Senate to meet with CBN over high interest rate
Senate President, Dr. Bukola Saraki, has promised that the Senate will look into the high interest rate charged by banks ...
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