CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers. The CBN Director, Corporate Communications Department, Mr Isaac Okorafor,  in a statement on Tuesday, noted that 100 million dollars was offered to authorised dealers in the wholesale segment of the market. He […]

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Forex market intervention

CBN injects fresh $250 million into Forex Market

The Central Bank of Nigeria, CBN, has again intervened in the Inter-Bank Foreign Exchange (Forex) Market to the tune of 250 million dollars. The Acting Director, Corporate Communications Department, CBN, Isaac Okorafor, said the apex bank also sold $100 million and uplifted the Small and Medium Enterprises and invisible segments, with $85 million and $65 […]

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