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The Central Bank of Nigeria (CBN) has injected 284.2 million dollars in the retail Secondary Market Intervention Sales (SMIS).
In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday injected about $242.04 million into the retail Secondary Market Intervention Sales (SMIS).
The Central Bank of Nigeria has injected over $10.97bn, into the Forex Market between January and October this year, to defend the Nation’s currency, the Naira, against other major currencies, including the dollar.” (See Punch Newspaper report of November 18th 2018 titled “CBN Defended Naira with $11bn in 10 months”).
China’s trade surplus with the United States ballooned to a record $34.1 billion in September, despite a raft of US tariffs, official data showed Friday, adding fuel to the fire of a worsening trade war.
The Central Bank of Nigeria (CBN), on Friday, provided 317.52 million dollars and 58.40 million Chinese Yuan (CNY) to customers seeking foreign exchange in the agricultural and raw material sector.
The Central Bank of Nigeria (CBN), on Friday, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales.
The President noted that with the reviewed bilateral cooperation between Nigeria and China, majority of citizens from both countries see improvement in their living conditions.
The Central Bank of Nigeria (CBN) has boosted the operations of the inter-bank foreign exchange market with about $543.22 million and CNY63.21 million after two days interventions.
The forum was meant to provide insight into how best to help clients and businesses leverage the opportunity as well as assess the impact of the Chinese economy on trade in Africa.
The Central Bank of Nigeria (CBN) on Thursday released guidelines for the bilateral Currency Swap agreement between Nigeria and China.
The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items not valid for foreign exchange.
China raised the exchange rate for the yuan against the US dollar for the 10th consecutive session Friday, pushing the unit to its highest level in 16 months.
Premier League clubs could be placed in a Champions League ‘group of death’ when the draws for the group stages are conducted on August 29, the UK Mirror reports.
The Chairman and Editor-in-Chief of THISDAY ARISE Media Group, Nduka Obaigbena, popularly known as The Duke, has announced a 25 per cent increase in salary for all staff as the newspaper clocks 25 years.
The Trade Union Congress has expressed its opposition to the plan to increase electricity tariff.
The Federal Government, states and local governments shared N769.52 billion as federal allocation for the month of July.
A popular Zimbabwean online comedian and satirist said on Thursday she was abducted from her Harare home and beaten by unknown assailants, becoming the latest perceived government critic to be attacked in recent weeks.
An EasyJet pilot has been banned from flying holiday jets out of the UK after he told friends that he was suicidal.
Former Lagos Governor Akinwunmi Ambode has urged his supporters to remain calm and law-abiding as there was no cause for alarm.
As the newly inaugurated ministers assume their various offices, Rauf Aregbesola, the Minister of Interior, has been called upon to initiate sound policies that would bring an end to banditry, kidnappings and criminal activities ravaging many parts of the country.
Nigeria is demanding that the African Development Bank (AfDB) take over the funding of several projects geared at maintaining air safety in Africa following the decision of the United States of America to suspend the allocation of funds for the ‘safe sky programme’ in Africa.
A United Nations human rights expert on Friday accused Malaysia of having “vastly undercounted poverty” by using an “unduly low poverty line” and by “excluding vulnerable populations from its official figures.”