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CBN Intervenes in Forex Market with $210m - THISDAYLIVEThe Central Bank of Nigeria (CBN) Wednesday intervened in the interbank foreign exchange market by injecting the sum of $210 million into the market. The central bank offered the sum of $100 million in the wholesale segment, while the small and medium scale enterprises (SMEs) segment received the sum of $55 million. Similarly, the invisibles …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
ABCON Seeks CBN Support to Boost Market Transparency - THISDAYLIVEUgo Aliogo The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for the support of the Central Bank of Nigeria (CBN) to enhance the operations of its live exchange rate website. This, according to the currency deales, would go a long way in improving transparency and stability in the nation’s foreign exchange …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
CBN Injects Fresh $210m into Forex Market - THISDAYLIVENume Ekeghe The Central Bank of Nigeria (CBN) yesterday intervened in the wholesale segment of the foreign exchange market, offering the sum of $100 million to dealers in that window. In the latest round of intervention, which was announced yesterday, the CBN also made interventions of $55 million each in the small and medium scale … Una still dey inject? Hope to see the effect soon! Oshey! Big doctor and his syringe 👍 Upon all d money CBN has been injecting, dollar is still at N360? Where are the monies going to? Or is it been looted away? I stand corrected, but its only in this PMB's regime, I started hearing this injection of money. All na scam last last
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
CBN revokes 9 micro-finance banks’ licences in Niger - Vanguard NewsThe National Association of Micro Finance Banks on Monday said that nine out of the 34 micro finance banks in Niger have lost their operational banking licences.
Source: vanguardngrnews - 🏆 5. / 75 Read more »