CBN and Forex Market

CBN Release another $180m for wholesale Auctions & Invisible in Forex

by EMMA ONWUKA
March 21, 2017

Few weeks ago, Central bank of Nigeria Injected $500m into Forex and banks get $371m. This week again, CBN releases additional $180m meet bid for… Read More »CBN Release another $180m for wholesale Auctions & Invisible in Forex

CBN Inject $500m into FX Market, Banks get only $371m

by EMMA ONWUKA
February 22, 2017February 22, 2017

Naira appreciates in parallel market today; sell closes at N490 per dollar. There is likely tendency that it will appreciate further. Speculators are sitting in… Read More »CBN Inject $500m into FX Market, Banks get only $371m