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Eid-el-Fitr Holiday: CBN Shifts MPC Meeting to Thursday

The May 2020 meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has been earlier scheduled to hold on...

CBN Refutes Charging Of N10,000 on Covid-19 Loan Applications

The Central Bank of Nigeria (CBN) has said it does not charge N10,000 on Covid-19 loan applications, stressing that N50 billion Targeted Credit Facility...

Forex: CBN Injects $218.41m, CNY 18m into Retail SMIS

In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, injected the sum of $218.41million...

CBN Injects Another $250m Into Forex Market

The Central Bank of Nigeria (CBN), in its relentless effort to keep the inter-bank foreign exchange market liquid, on Monday, September 11, 2017 intervened...

CBN Injects $186.5m For Invisible And SMEs Segments

Following the conclusion of the Monetary Policy Committee Meeting on Tuesday, May 23, 2017 the Central Bank of Nigeria (CBN) has injected the sum...

FOREX: CBN Approves $100m For Sale at SMIS

The Central Bank of Nigeria (CBN) has approved the sale of $100 million at the Wholesale Secondary Market Intervention Sales (SMIS) auction announced on...

Naira to Appreciate Ahead of Heavy Injection of Forex by CBN

...as forex availability excites manufacturers, other stakeholders Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN), is set to inject more...

CBN Sells $25m in New FX Window For Investors, Exporters

…Dealers fail to subscribe fully to CBN’s $150m offer The Central Bank of Nigeria (CBN) on Tuesday, April 25, 2017, commenced interventions in the new...

Banks’ Dollar Demand Slumps…Over Fear of Dollar Crash

By: Olajide Toriola There are strong indications that the demand for foreign exchange by authorized dealers has slumped, as the dealers were only able to...

Forex: CBN Opens Special Window for SMEs, Begins Massive Sale with...

The Central Bank of Nigeria (CBN) on Monday opened a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible...
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