CBN injects $289m, CNY38.70m into retail secondary Forex Market
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CBN Injects $289.76m, CNY38.70m Into Retail SMISFollowing its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN), yesterday, January 25, 2019, injected the sum of $289.76million into the retail Secondary Market Intervention Sales (SMIS) and CNY38.70million in the spot and short-tenored forwards segment of the inter-bank foreign market. The director, Corporate Communications Department at the CBN, […]
Read more »
CBN cautions FG on external borrowing - Vanguard News NigeriaThe Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday cautioned the federal government on the sharp increase in the size of the nation’s external debt which rose by 109 percent to $21.6 billion as at September 30th 2018, from $11.28 billion on June 30th, 2015.
Read more »
PMB Storms S’East, Commissions N9bn CBN Funded Research CentrePresident Muhammadu yesterday in Enugu, Enugu State, commissioned a centre for international postgraduate studies named “Centre of Excellence” built by the Central Bank of Nigeria (CBN). The study/research Centre was solely funded by the CBN and handed over to the University of Nigeria (UNN), Enugu Campus. The Centre has 3-block buildings of 150 postgraduate hostel […]
Read more »
CBN plans new capital control rules - The Nation NigeriaThe Central Bank of Nigeria (CBN) will be introducing new capital controls in the second quarter of the year to protect the foreign reserves and the naira, The Nation has learnt. Capital control allows the apex bank to put up measures that check inflow and exit of funds from foreign portfolio investors in the economy. …
Read more »
CBN to introduce tougher capital requirements for banks - Vanguard News NigeriaThe Central Bank of Nigeria (CBN) said it will introduce new capital requirements for banks in the second quarter of 2019, a move that threatens to heap pressure on lenders already weighed down by bad loans.
Read more »