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Central bank injects another $210m into foreign exchange market

The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has injected another 210 million dollars into the foreign exchange market.

Why higher crude oil prices won’t save Nigeria’s economy

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Central bank boosts foreign exchange with $210 million

The Central Bank of Nigeria (CBN) on Tuesday, gave a boost of 210 million dollars to the interbank foreign exchange market.

Naira remains stable against dollar, euro

The Naira on Monday remained stable as it traded at N362 to the dollar at the parallel market, same amount it was sold last Friday.

Ex-President Jonathan, wife gave order for cash delivery to BDC – Waripamo-Owei Dudafa

Hearing in the N200m fundamental rights enforcement suit filed by the wife of ex-President Goodluck Jonathan, Patience, against Skye Bank Plc and the Economic and Financial Crimes Commission began on Tuesday, with a former aide of the President, Waripamo-Owei Dudafa, testifying for the ex-First Lady.

Central bank lifts foreign exchange market with $210m

The Central Bank of Nigeria (CBN) has provided fresh 210 million dollars to meet customers’ requests in various segments of the foreign exchange market.

Central bank injects $210 million into foreign exchange market

The Central Bank of Nigeria (CBN) has injected $210 million into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various segments of the market.

EFCC drags Stallion Motors, MD to court over alleged N1.275bn ‘gift’ to PDP

The Economic and Financial CrimesCommission (EFCC) has filed charges at the Federal Capital Territory High Court against Stallion Motors Limited and its Managing Director, Hapreet Singh, for allegedly offering a gratification of N1.275 billion to the Peoples Democratic Party (PDP) for the 2015 polls.

Central bank again injects $304.4m into forex market

The Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) of the inter-bank Foreign Exchange Market to the tune of 304.4 million dollars.

How Justice Rita Ofili-Ajumogobia lied about N8 million payment – EFCC

The corruption trial of Justice Rita Ofili-Ajumogobia continued on Friday before the Lagos State High Court in Ikeja, with the prosecution highlighting a payment of N8m into her company’s account on February 4, 2015.

Naira closes at N360.54 per dollar at investors’ window

The Naira on Thursday traded at N360.54 to a dollar at the investors’ window.

Naira exchanges at N360.56 against dollar at investors’ window

The Naira on Wednesday traded at N360.56 against the dollar at the investors’ window, the News Agency of Nigeria (NAN) reports.

Naira to hit N360 per dollar at investors’ forex market

The naira is expected to firm slightly to 360 per dollar at the Central Bank of Nigeria’s Investors and Exporters Foreign Exchange window next week as trading picks up after the Christmas and New Year holidays.

Political spending may threaten Naira stability in 2018 – ABCON

President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has warned that spending by politicians ahead of the 2019 General Elections may threaten the stability of the naira.


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