CBN extends forex prohibition to importers of textiles
The Central Bank of Nigeria (CBN) on Tuesday announced the restrictions of sale of foreign exchange to importers of
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FOREX MARKETS
CBN denies arbitrage in forex market
The Central Bank of Nigeria (CBN) on Monday said there was no room for arbitrage opportunities in the foreign exchange(forex)
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Forex: CBN injects $210m in wholesale segment, others
The Central Bank of Nigeria (CBN) on Tuesday intervened in the wholesale segment of the foreign exchange market, offering
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Naira remains stable at N360 to dollar at parallel market
The Naira on Friday remained stable at the parallel market in Lagos, exchanging at N360 to the dollar, the
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CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in
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Forex: CBN okays wider margin for BDCs
…Offers $100m to wholesale segment; …Invisibles, SMEs windows get $55 m each The Central Bank of Nigeria (CBN) has
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Forex management threatens businesses in Nigeria – KPMG
Research work by KPMG Nigeria has revealed how foreign exchange (forex) management threatens businesses in the economy. On a ten
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CBN injects $210m forex market to boost liquidity
The Central Bank of Nigeria (CBN), on Monday, injected 210 million dollars into the inter-bank Foreign Exchange Market, to
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CBN boosts foreign exchange market with injection of $210m
The Central Bank of Nigeria (CBN) on Monday injected another 210 million dollars into the nation’s foreign exchange market.
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Nigeria’s external reserves climb to $46bn
Rises by $3.2bn between February and March Nigeria’s external reserves were standing at $46 billion as at the close
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