Business
CBN offers fresh $100m for wholesale in forex market
The Central Bank of Nigeria (CBN) on Thursday, April 6, 2017, offered the sum of $100 million to authorised dealers at the forex auction in the interbank wholesale window.
The Bank’s spokesman, Isaac Okorafor, confirmed the offer in Abuja, saying that no interventions were made in the retail auction window for forex. He, however, added that the CBN made special intervention of $10,000 to dealers in the Bureau de Change (BDC) segment on Thursday.
According to him, the Bank’s interventions in the different segments had ensured stability in the market and guaranteed availability to individuals and business concerns.
-
News1 day agoCardoso formally receives Central Bank of the Year Award
-
Economy1 day agoNigeria’s Digital Boom needs nuclear power partnerships for long-term success
-
Finance1 hour agoElon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
-
Oil and Gas1 day agoNNPC is house of thieves, fraud; Kyari must be arrested dead or alive to account for N210 trillion—Oshiomhole
-
Oil and Gas1 day agoDangote Refinery seeks $1bn private placement ahead of planned listing
-
Uncategorized1 day ago
June 12 Democracy Day declaration not enough, as citizens wallow in pain – ActionAid, FG declares Friday public holiday
-
Stock Market1 hour agoFG to raise N4trn bond to settle electricity debt
-
News1 day agoMiddle East Conflict sends global growth to lowest rate since COVID-19, WBG to Provide up to $100bn for Affected countries over 15 Months—WBG