Nigeria central bank reflate forex market with $100m, warns against speculative purchases
In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate ...
Wednesday, April 1, 2026
Tag: CBN
MPC: Analysts call no rate change on capital flows volatility downsides
Analysts at Afri Invest Research have made a no rate change call as the monetary policy committee (MPC) meets this ...
Nigeria central bank lifts inter-bank retail forex market with $293m
The Central Bank of Nigeria (CBN) on Friday, May 18, 2018 lifted the retail secondary market intervention sales (SMIS) of ...
Nigeria’s GDP growth to accelerate to 2.4% in 2018, says Fitch
Fitch Ratings said Thursday that Nigeria's gross domestic product, GDP, growth is expected to accelerate to 2.4 percent this year, ...
Nigeria central bank injects $210m into forex market to boost lequidity
Nigeria’s central bank said Tuesday it has injected $210 million into the interbank foreign exchange market, extending efforts to boost ...
Unease at AFC over new CEO after strong ’17 results
An uneasy calm has enveloped the Africa Finance Corporation (AFC), a strong development finance institution conceived by Nigeria, in Africa, ...
Naira trades stable at parallel markets while money market rates surge as CBN mops up N291bn via OMO
The Nigerian naira closed flat at N363 to the United States dollar Thursday at the parallel market, while it depreciated ...
Nigeria’s Central Bank curbed inflation with N2.8 trillion debt issuance in 2017, says World Bank
In a bid to tighten money supply, mop up liquidity and curb inflation, Nigeria’s Central Bank issued N2.8 trillion (US$918 ...
Foreign exchange risk remains number 1 business risk in Nigeria – KPMG report
With a weighted score of 3.91 points out 5.00, foreign exchange risk remains number one business risk for Nigerian corporates, ...
Nigerian naira trades lower on Monday
The dollar to naira rate depreciated by 0.04 percent as the Naira settled at N360.91 in the I&E FX window, ...
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