Forex: CBN injects $292.34m, CNY 22.8m into Retail SMIS
ABUJA – The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the […]
FOREX
CBN injects $218.41m, CNY 18m into Retail SMIS
ABUJA – In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, February 7, 2020, injected the […]
Forex: CBN injects $323.5m, CNY 17.9m into Retail SMIS
ABUJA – In its last intervention for the month of November, the Central Bank of Nigeria (CBN) on Friday, November 29, 2019, made an intervention […]
Border Closure: Nigeria Must Get it Right Now, By Oluwapelumi Bakare
It has been months since the Nigerian government closed its land borders to her neighbor countries. The action has generated controversies, locally and internationally, in […]
Forex intervention: CBN injects $311.5m, CNY15m into retail SMIS
The Central Bank of Nigeria (CBN) on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese […]
Forex: CBN injects $321.11m, CNY 33.3m into Retail SMIS
ABUJA – The Central Bank of Nigeria (CBN) has made another intervention in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $321, 112,537.31.Figures obtained […]
NSE market capitalisation loses N130bn in six hours
The Nigerian Stock Exchange (NSE) market capitalisation on Wednesday shed N130 billion in about six hours of trading. Specifically, the market capitalisation which opened at […]
Why I directed CBN to stop forex for food import – Buhari
President Muhammadu Buhari says the directive to the Central Bank of Nigeria to stop providing foreign exchange for food importation was to improve agricultural production […]
Free fall of equities persist on NSE, index drops by 0.42%
The free fall of equities continued on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping further by 0.42 per cent, amid […]
Milk Forex Restriction: A Needless Debate, By Ademola Oyetunji
Nigerian elite class never ceases to exhibit its selfish position on things that affect the commonwealth of the nation. Recently, the CBN Governor announced at the […]