Secondary Market Intervention Sales

The Central Bank of Nigeria (CBN) has injected the sum 323.5million dollars into the retail Secondary Market Intervention Sales (SMIS) for its last intervention for November. The CBN Director, Corporate Communications Department,…

By CHUKWUMA KELECHUKWU  The Naira strengthened by 0.05 percent N360.57 at the investors and exporters foreign exchange (I&E FX) window and by 0.28 percent to N360.00 at the parallel market on Monday following the Central Nigeria…

By ADEBISI ADEMOLA The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210 million into various sums of the market on Tuesday. The apex bank offered…