The Central Bank of Nigeria (CBN) on Wednesday, April 12, 2017, released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and raw materials. The Bank…
Read More CBN releases additional $250m for Forwards market
A consultant for the World Bank and President of Nigeria Economic Society, Olu Ajakaiye, has said that the present administration under President Muhammadu Buhari must do all it can to…
Read More Even if he must steal to develop Nigeria, Buhari must steal! – World Bank consultant
… makes $100m spot wholesale … May open window for dividend remittances Small and Medium Enterprises (SMEs) in the country involved in the importation of critical and eligible finished and…
Read More Forex : CBN Sells $100m to SMEs …begins massive sale with $141m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium Enterprises (SMEs) to enable…
Read More Forex: CBN opens special window for SMEs
In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on Friday 7th April 2017 auctioned the sum of…
Read More CBN to sustain intervention in FOREX market