Again, Nigeria’s central bank keeps forex market liquid with $396.18m intervention
Nigeria’s central bank moved, for the second time in a week on Friday, to keep the country’s foreign exchange market
Nigeria’s external reserves growth steady, hit $46 billion
Nigeria’s central bank, CBN, said the country’s external reserves is steadily growing and currently stands at 46 billion
Nigeria’s central bank boosts foreign exchange market with $335.43m
The Central Bank of Nigeria (CBN) Friday boosted into the Retail Secondary Market Intervention Sales (SMIS) with the sum of $335.43
Dollar rebounds after hitting three-year low
The dollar enjoyed a small rebound on Monday as investors bought back the currency after its plunge to three-year lows, although
Naira outlook remains stable as external reserves hit 48-month high of $41.5bn
In line with the trend, the CBN continued its weekly FX interventions last week, injecting $100.0 million on Monday via wholesale SMIS
Fitch raises banks’ foreign currency loan risk to 130%
Fitch Ratings Inc., one of the world’s big three credit rating agencies, has said that its recent stress test on Nigerian banks
Slight variations, but naira relatively stable on street market
By Remilekun Davies and Ademola Badmus Nigeria’s foreign exchange market, which plays host to various kinds of players, each
Nigeria’s central bank injects $195m into forex market
Nigeria’s central bank said it had injected $287.89 million into currency market on Friday to meet requests in four industries for
Nigeria’s central bank injects $195m into forex market
Nigeria’s central bank said Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to
Mugabe bans importation of fruit, vegetable into Zimbabwe as forex crunch deepens
Joseph Made, Zimbabwe agriculture minister said Tuesday that the country has banned the importation of fruit and vegetables with