CBN Sells $20,000 to Each Eligible BDC Operator at N1,590/$1
Dipo Olowookere By Dipo Olowookere In a move to defend the value of the Naira against the United States Dollar…
CBN sells
CBN Sells $876.26m to 26 Banks to Prop Up Weak Naira
Adedapo Adesanya By Adedapo Adesanya The Central Bank of Nigeria (CBN) has sold a total of $876.26 million to end…
Central Bank Sells Forex to BDC Operators at N1,450/$1
Aduragbemi Omiyale By Aduragbemi Omiyale In a bid to stabilize the foreign exchange (FX) market, the Central Bank of Nigeria…
CBN Sells FX to BDCs at N1,251/$1 to Ease Naira Street Value
By Adedapo Adesanya To further ease the street value of the Naira to the Dollar, the Central Bank…
CBN Sells Polaris Bank to Strategic Capital Investment Limited
By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has completed the sale of Polaris Bank Limited to…
CBN to Auction N119.94b Treasury Bills Wednesday
Modupe Gbadeyanka By Modupe Gbadeyanka On Wednesday, November 15, 2017, the Central Bank of Nigeria (CBN) will offer treasury bills…
Overnight Rate Drops to 10.17% as CBN Sells N100.84b T-Bills
By Modupe Gbadeyanka At the close of business on Wednesday, November 1, 2017, the overnight rate depreciated to…
CBN Sells 203-Day Bills Worth N52.6b at 17.8% Stop Rate
By Modupe Gbadeyanka At the Open Market Operations (OMO) auction on Thursday, October 26, 2017, the Central Bank…
CBN Sells $1b Forex to Clear Demand Backlog
By Modupe Gbadeyanka Foreign exchange worth N1 billion has been sold by Central Bank of Nigeria (CBN) on…