Tag: Forex Market

The Naira on Tuesday exchanged at N441.17 to the dollar at the Investors and Exporters window, a depreciation of 0.46per ...

The equities market of the Nigerian Exchange Ltd. (NGX) depreciated by N66 billion on Wednesday, driven by gains recorded by ...

Forex turnover dropped by 67.5%, as Nigeria’s exchange rate at the NAFEX window depreciated against the dollar to close at N385.83/$1 ...

The Central Bank of Nigeria (CBN) said it has injected 323.5million dollars into the retail Secondary Market Intervention Sales (SMIS) ...

The Central Bank of Nigeria (CBN) said it has injected 325.5million dollars in the retail Secondary Market Intervention Sales (SMIS) ...

FG’s plan To Stop Forex On Food Importation Will Boost Foreign Reserve — Experts

The International Monetary Fund (IMF) says Nigeria’s economic outlook for 2018 remains challenging as  private sector lending remains low and ...

CBN also recently injected 210 million dollars into the Wholesale segment of the foreign exchange market

CBN offered $100 million to authorised dealers in the wholesale segment of the market.

The releases remained targeted at boosting production and trade in addition to sustaining liquidity in the market.

Figures released show that CBN offered the total sum of $100million to the wholesale segment, while the Small and Medium ...