Forex market intervention

CBN injects $142m into Forex market

The Central Bank of Nigeria (CBN) has injected $142.5 million into the inter-bank foreign exchange, days after intervening in the retail segment of the market with $254.3 million. The spokesperson of the apex bank, Mr Isaac Okorafor, in a statement, said on Monday that CBN would continue to carry out its regular mediation in the […]

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Expect cement price crash – BUA

Cement industries are actively working hard to reduce the price of the commodity to boost the nation’s housing and the construction sector. The Chairman of BUA Cement, Alhaji Andulsamad Rabiu, told the State House correspondents after a closed door meeting with the Acting President, Prof. Yemi Osinbajo, in the Presidential Villa, Abuja that plans are […]

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