Tag: forex
Naira gains marginally against dollar at FOREX windows
The Naira on Monday gained marginally to the dollar at the Investors and Exporters (I &E) window closing at N389.25…
CBN injects $210m into Forex Market
The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market…
Forex: CBN injects $218.41m, CNY 18m into retail secondary market
The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention…
Forex: Dollar licks wounds
The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later…
CBN assures of Forex for indigenous companies
The Central Bank of Nigeria (CBN) has reteirated its readiness to facilitate access to foreign exchange by Nigerian companies that…
Forex: Inter-bank market gets another $210m boost
The Central Bank of Nigeria (CBN), says authorised dealers received 100 million dollars from the bank on Tuesday as part…
Kenya warns against unlicensed online FOREX trading
Kenya’s Capital Markets Authority (CMA) warned Kenyans on Monday against online foreign exchange trading through unlicensed entities, saying they risked…
Forex: CBN widens margin for BDCs by N3
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin for operators of Bureau De…
CBN mandates BDCs to access foreign exchange window thrice weekly
The Central Bank of Nigeria (CBN) has made it mandatory for all the Bureau de Change (BDCs) operating in Nigeria…
CBN uplifts Forex market with $210m
Central Bank of Nigeria (CBN) has made available 210 million dollars to meet customers’ requests in various segments of the…
CBN boosts foreign exchange market with $210m
In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the Inter-bank…
Naira dips marginally against dollar at parallel market
The Naira on Tuesday depreciated marginally against the dollar at the parallel market, exchanging at N361.20 to the dollar. The…
Forex market: CBN provides $55m for business, personal travels for customers
Nigerians requiring foreign exchange for Business and Personal Travel Allowances, tuition, medical fees and others can access from a 55…
Forex: Naira closes at N360.54 per dollar at investors’ window
The Naira on Thursday traded at N360.54 to a dollar at the investors’ window.
FOREX: CBN strengthens market stability
The Central Bank of Nigeria (CBN) on Monday, injected 195million dollars into the inter-bank Foreign Exchange(Forex) Market. Mr Isaac Okorafor,…