Economy CBN Injects $17.81bn as Interventions in FX Markets July 18, 2023 Adedapo Adesanya By Adedapo Adesanya The Central Bank of Nigeria (CBN) sold $17.81 billion in its interventions at the interbank foreign exchange market in a bid Read More
Economy Naira Trades at N450/$1 at BDC, N455/$1 at Black Market Despite CBN Intervention September 11, 2020 Adedapo Adesanya By Adedapo Adesanya Efforts by the Central Bank of Nigeria (CBN) to support operators in the Bureau De Change (BDC) segment of the foreign Read More
Economy Naira Sheds 0.11% at I&E Despite CBN’s $210m Intervention August 4, 2018 Dipo Olowookere By Dipo Olowookere Transactions at the foreign exchange (forex) market in Nigeria closed mixed amid further drop in the external reserves. At the Investors Read More
Economy Forex Market Gets Fresh $210m Intervention from CBN January 16, 2018 Dipo Olowookere By Dipo Olowookere The currency market received a boost on Monday when the Central Bank of Nigeria (CBN) released another $210 million into the Read More
Economy CBN Provides $195m Intervention in Forex Market August 1, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) continued its regular intervention in the foreign exchange market on Monday with the release of Read More