Fire at CBN headquarters
There was confusion at the headquarters of the Central Bank of Nigeria (CBN), Abuja yesterday following a fire outbreak at the premises of the apex bank. The fire was said to have started about a few minutes past 6:00p.m. and lasted for about 30 minutes before it was put out.
N259b maturing securities calm interbank rates
A rising trend in interest rates on lending among banks was reversed last week with improvement in the quantity of money in circulation arising from N259 billion worth of matured securities.
CBN sustains liquidity in forex market with $210 million
The Central Bank of Nigeria (CBN), has injected another sum of $210 million into the inter-bank Foreign Exchange Market, in its desire to sustain liquidity in the forex market, and thereby ensuring that forex is available for customers’ needs in various segments of the market.
Nigerians agonise over dirty, shortage of smaller naira notes
The quantity of dirty and unfit naira notes in circulation and scarcity of small denominations of N10, N20, N50 and N100 notes, is becoming a major concern to Nigerians, especially those engaged in commercial transactions.
CBN injects $210m into foreign exchange market
Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various segments of the market.
Experts hinge economic performance on improved forex
The nation’s improving economic indices, particularly the manufacturing and non-manufacturing sectors’ nine-month positive readings have been attributed to rising liquidity in the foreign exchange (forex) market.
Forex market gets $514m boost ahead of Yuletide
The Central Bank of Nigeria (CBN) ended foreign exchange (forex) market transactions for the week with $303.9 million, as it earlier in the week, sold $210 million to sustain liquidity.
CBN boosts forex market with $210 million
The Central Bank of Nigeria (CBN) has announced the injection of another $210 million to boost liquidity in the inter-bank foreign exchange market.
CBN maintains market liquidity with $195m
The Central Bank of Nigeria (CBN), on Monday October 16, 2017 continued to maintain liquidity in the Forex market by injecting $195 million in the the Nigerian inter-bank foreign exchange market.