The Nigerian Inter-bank foreign exchange market received another boost of 210 million dollars from the Central Bank of Nigeria (CBN) after transactions. Isaac Okorafor, the CBN Director, Corporate Communications Department, said this in a statement in Abuja. Mr Okorafor said that the authorised dealers in the wholesale sector of the market received 100 million dollars,
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market in continuation of its sustenance of liquidity in that segment of the market. Figures obtained from the CBN recently, indicated that authorized dealers in the wholesale segment of the market were offered the sum of
In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, May 15, 2018, injected the sum of $210million into the inter-bank Foreign Exchange Market to boost liquidity in the system. The figures released by the Bank in Abuja indicate that it allocated the sum of $100million to dealers in the wholesale sector,
In continuation of its intervention in the interbank segment of the foreign exchange (forex) market, the Central Bank of Nigeria (CBN) Wednesday made available another $210 million in the market to meet the requests of customers. A breakdown of the figures made available by the Bank indicated that the CBN offered the sum of $100
In continuation of its foreign exchange (Forex) supply drive, Central Bank of Nigeria (CBN), on Monday, intervened in the inter-bank market to the tune of $195million. Figures released by the Bank show that it offered the total sum of $100million to the wholesale segment, while the Small and Medium Enterprises (SMEs) segment received the sum
