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Tag: Foreign Exchange Market

CBN

Business, Headlines

CBN approves BDCs’ participation in foreign exchange market

The CBN, however, imposed strict compliance and risk-management conditions on the transactions.
CBN

Business

Cardoso: CBN investigating manipulation of forex market

Cardoso said that the CBN was moving away from interventions programmes and development finance initiatives like the Anchor Borrowers Programme,…
Investors lose N1.14trn as NGX reacts to MPC decision

Business

Investors lose N146B on Nigerian Exchange

Also, the NGX All-Share Index dipped 279.55 points or 0.71 per cent, returning to 38,000 mark, to 38,921.78 from 39,201.33…

News

CBN injects $210m into forex market

The Central Bank of Nigeria (CBN) has boosted the inter-bank foreign exchange market with $210 million to meet customers’ requests…
Court orders CBN to release N82bn to Akwa Ibom communities

News

CBN lifts forex market with $210m

The Central Bank of Nigeria (CBN) on Tuesday opened the foreign exchange market with the injection of another 210 million…

News

Naira dips slightly against dollar

The Naira on Thursday depreciated slightly against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.

Business

CBN To Sustain Intervention In Foreign Exchange Market

The Central Bank of Nigeria (CBN) says it will sustain its intervention in the Foreign Exchange (FX) market to further…
Court orders CBN to release N82bn to Akwa Ibom communities

Metro, News

CBN re-instates banks banned from foreign exchange market

The Central Bank of Nigeria (CBN) has re-instated all the banks that were banned from the foreign exchange market, the…