CBN Pumps $543m, CNY 63m Into Forex Market
…Retail segment receives $323m boost
…Wholesale segment gets $100m
…SMEs, Invisibles get $55m each
ABUJA – In another major round of interventions, the Central Bank of Nigeria...
Forex: CBN Ijects $327 Million, CNY 69 Million Into Retail SMIS
The Central Bank of Nigeria (CBN), has once more injected the sum $327,440,499.50 into the interbank retail Secondary Market Intervention Sales, in addition to...
Don’t Miss Abundant Investment Opportunities In Nigeria, Diasporas Advised
Nigerians in the Diaspora have been advised to take advantage of the numerous investment opportunities available in Nigeria.
A subsidiary of the FBN Holdings Plc...
Forex: Central Bank Of Nigeria Intervenes With $210 Million
The Central Bank of Nigeria (CBN) has again, injected the sum of $210 million into the inter-bank Foreign Exchange Market to ensure the availability...
Nigerian Government Endorses Dr. Abubakar Sadiq For Telecom Union Scribe
The Government of Nigeria has endorsed Dr. Abubakar Sadiq Hussaini as the country’s sole candidate to contest the position of Secretary General of the...
Floods Are Causing Setback To Food Production Efforts Of My Govt – Buhari
President Muhammadu Buhari has lamented that the devastating floods sweeping across some states in Nigeria have caused setbacks to the food production efforts of...
Central Bank Uplifts Chinese Foreing Exchange With $340 Million
With last the take-off of its intervention in the sale of foreign exchange in Chinese Yuan (CNY) last week, the Central Bank of Nigeria...
Fraudstars On The Prowl, Defrauding Nigerians, CBN Alerts
The Central Bank of Nigeria (CBN) has alerted Nigerians about the activities of fraudsters who have been going round impersonating some principal officers of...
Dangote Votes $4.5 Billion For Refinery In Nigeria
President of Dangote Group, Aliko Dangote, has voted more than $4.5 billion in debt financing for his Nigerian oil refinery project and aims to...
Oil Sector Still The Major Source Of Nigeria’s Economic Recovery – CBN
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has confirmed that oil sector is still the major source of the Nigeria’s...
