Tag: forex
Naira sells at N364/$ as MPC holds rate
The Naira on Tuesday exchanged at N364 to the dollar at the parallel market as the Monetary Policy Committee (MPC)…
Forex: CBN to sanction banks
The Central Bank of Nigeria (CBN) on Monday threatened to sanction any Deposit Money Bank (DMB) in breach of its…
ABCON chief predicts end to unstable forex market
The President of the Association of Bureau de Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, on Friday, predicted an…
Woman nabbed over N700m forex fraud
The Police Special Fraud Unit (PSFU) on Wednesday said it had arrested a 36-year-old woman for allegedly posing as a…
Forex: Naira loses against dollar
The naira on Thursday continued to fall against the dollar at the parallel market, the News Agency of Nigeria (NAN)…
Kebbi to export rice, livestock to earn forex
Gov. Atiku Bagudu of Kebbi says the state is planning to produce rice and livestock in commercial quantities for export…
Forex: CBN injects $195m intervention
The Central Bank of Nigeria (CBN) on Monday injected another 195 million dollars into the Foreign Exchange (Forex) market.
CBN boosts foreign exchange supply with $195m
The Central Bank of Nigeria (CBN) on Monday, intervened in inter-bank Foreign Exchange Market with the supply of 195 million…
CBN injects $142.5m into forex market
The Central Bank of Nigeria (CBN) on Monday injected 142.5 million dollars into the inter-bank foreign exchange, days after intervening…
Dollar drops as CBN pumps additional $195m
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange…
CBN injects $195m into forex market
Following its 800 million dollars intervention in the Interbank Foreign Exchange (FOREX) Market last week, the Central Bank of Nigeria…
CBN floods forex market with $457.3m
The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars into various segments of the market.
Naira strengthens against dollar
The naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to…
CBN re-admits Keystone Bank to forex market
Keystone Bank on Thursday said the Central bank of Nigeria(CBN) had readmitted it into the spot and wholesale forwards segment…
Forex: Buhari happy with market stability
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has briefed President Muhammadu Buhari on the stability in…