Economy Naira Closes Week N365/$ at Parallel Market August 5, 2017 Dipo Olowookere By Dipo Olowookere On Friday, August 4, 2017, the Naira closed for the week at the rate of N365 per Dollar at the parallel Read More
Economy Step-up in FX Outflows Through CBN August 2, 2017 Dipo Olowookere By FBNQuest Research The net FX flows through the CBN were negative by $760 million in May but positive over the 12-month period to Read More
Economy Forex Market Gets $462m Intervention from CBN July 29, 2017 Dipo Olowookere By Dipo Olowookere A total of $462.3 million was released into the foreign exchange market yesterday by the Central Bank of Nigeria (CBN). This Read More
Economy Nigeria’s Forex Inflow Grows 121% in 5 Months, Hits 14.5b July 20, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka Data released by the Central Bank of Nigeria (CBN) has revealed that the foreign exchange inflow into the country from January Read More
Economy CBN Injects $195m into Forex Market July 17, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka About $195 million was on Monday released into the foreign exchange market by the Central Bank of Nigeria (CBN) to sustain Read More
Economy CBN Further Boosts Forex Market with $142.5m July 10, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The foreign exchange (forex) market received another boost on Monday with the release of $142.5 million by the Central Bank of Read More
Economy CBN Orders Banks to Batch all Returned Unused Forex July 5, 2017 Dipo Olowookere By Dipo Olowookere Banks operating in the country and also involved in the sale of foreign exchange (forex) have been given a new procedure Read More
Economy CBN Injects Fresh $195m into Forex Market July 4, 2017 Dipo Olowookere By Dipo Olowookere Another $195 million has been released by the Central Bank of Nigeria (CBN) to boost liquidity in the foreign exchange market. Read More
Economy CBN adds $195m to Forex Market June 30, 2017 Dipo Olowookere By Dipo Olowookere The sum of $195 million was released by the Central Bank of Nigeria (CBN) on Wednesday into the foreign exchange market. Read More
Economy CBN Disburses $7.14b to BDCs, Interbank June 26, 2017 Dipo Olowookere By Dipo Olowookere A total of $7.136 billion has been released by the Central Bank of Nigeria (CBN) to the Bureaux De Change (BDC) Read More