The World Bank has blamed Nigeria’s enduring foreign exchange instability on the fixed exchange regime in…
Tag: forex
CBN vows to sustain forex intervention, says Nigeria will exist recession Q3
Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Tuesday said that the country would be…
CBN to sanction banks denying forex access to SMEs
The Central Bank (CBN) threatened on Friday to sanction banks denying Small and Medium Enterprises (SMEs)…
CBN releases $250m for oil marketers, airlines, others
The Central Bank of Nigeria (CBN) on Wednesday released additional $250m on seven to 30-day forwards…
CBN opens forex window for small businesses
The Central Bank of Nigeria (CBN) has opened another foreign exchange window for small and medium…
CBN vows to continue forex intervention
The Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of…
CBN’s forex intervention, artificial – Economist
The Central Bank of Nigeria (CBN) has been cautioned that its current foreign exchange (forex) intervention…
Forex: CBN pumps additional $100m into market
The Central Bank of Nigeria (CBN) on Tuesday injected another sum of 100 million dollars into…
CBN to inject more dollars into forex market
The Central Bank of Nigeria (CBN) will on Saturday pump more dollars into the foreign exchange…
CBN to sell $230 million in Forex forwards, intervenes on spot market
The Central Bank of Nigeria (CBN) will auction $230 million in forward contracts on the official…