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Firm Rules Out Forex Scarcity in 2018


By Obinna Chima Analysts at Lagos-based CSL Stockbrokers Limited have expressed optimism that foreign exchange (forex) supply in the economy will remain sufficient in 2018 to ensure there is not a return to de facto capital controls that were in place in 2015-2016.
The investment and financial advisory firm also ...
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Economists say Nigeria’s food price inflation still high, see CBN retain MPC rates at 14%Naija247news


Central bank scheduled to review key policy rate on Jan. 23
Key policy rate has been at record high of 14% since July 2016
The slowdown in Nigeria inflation to a 20-month low may not be enough to prompt the central bank to start easing just yet. The inflation rate in ...
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Exchange Rate For January 17 2018


Exchange Rate For January 17 2017. Share; Tweet. Naira Weakens To 364/Dollar Despite CBN Injections · Exchange Rate For January 15th 2018 · Seller Calls Out Jumia On Instagram Over Fraudulent Activities · Exchange Rate For January 11 2018 ...
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Globacom May Not Buy 9Mobile ⋆ Nigeria News


Owing up to some accrued alleged debt, Globacom, Nigeria’s second-largest telecommunications network, may not be able to acquire 9Mobile.Reports have earlier revealed the intention of Globacom to purchase (mobile formerly known as Etisalat.Globacom In Debt, May Not Buy 9Mobile9Mobile And Globacom LogoEtisalat Nigeria was recently taken over and changed to ...
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Our girls; murder; naira – The Nation Nigeria


Our Girls are still missing since April 15, 2014. Pray for their return. Mixed messages of incompetence and indifference from government. The figure ‘70+’ is a ‘murdered Benue farmer citizens’ number with 73+ millstones around the government’s neck as it fails miserably to deal with the plot that unleashed ...
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508 Resource Limit Reached


Error 508 This website has exceeded its resource limit and is temporarily unable to service your request. Please try again later. If you are the owner of the website and are regularly seeing this error, you may read more about it in our Knowledgebase ...
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Ecobank raises platinum card holders’ daily spend to $15,000


Ecobank Nigeria premier customers with platinum credit cards can spend up to $15,000.00 daily when abroad, the bank has said. The lender said it has also increased the maximum daily limit of its naira debit cards abroad, depending on the type of card held by the customer. Customers with ...
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Dollar to Naira black market rate today Tuesday, 16th January 2018

Dollar to Naira black market rate today Tuesday, 16th January 2018  Naira falls against Dollars, others Dollar to Naira black market rate today Tuesday, 16th January 2018 is N361/N364.  The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during the course of the ...
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FOREX: CBN injects $210m into market, stabilizes Naira at N360/$


…As Nigeria ranks second worst country in electricity supply*** The Central Bank of Nigeria (CBN) on Monday injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments, with 100 million dollars offered to authorized dealers in the wholesale segment of the market ...
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Naira Stable as CBN Injects $210m into Foreign Exchange Market


The naira has remained stable after the Central Bank injected a whopping $210 million into the foreign exchange market. Loading... Curated from http://www.tori.ng/feed/rss.xml via RSS Feed. Copyright belongs to Tori.ng
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Epileptic power affecting growth of businesses in Nigeria – CBN


The Central Bank of Nigeria (CBN) has identified epileptic power supply as a major hindrance to business growth in Nigeria. According to the CBN, the latest survey conducted by it on businesses in the fourth quarter of 2017 showed that 62.6 per cent of the surveyed firms identified inadequate ...
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CBN injects $210 million into foreign exchange market


The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments. Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communications, Isaac Okorafor, on Monday in Abuja said that 100 million dollars was ...
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Central Bank Pumps $210m Into Forex Market | NTA.ng


Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various segments of the market.Figures obtained from the Bank on Monday, January 15, 2018, indicate that the CBN offered $100million to authorized dealers ...
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CBN injects $210m into forex market, as Naira slightly misses convergence — Nigeria — The Guardian Nigeria Newspaper – Nigeria and World News


PHOTO: OSCAR SIAGIAN/AFP/Getty Images The Central Bank of Nigeria (CBN) yesterday sold $210 million at the inter-bank Foreign Exchange Market to meet customers’ requests from various segments of the economy, an indication of the effects of resurging reserves and supply. Consequently, the Naira, in the renewed efforts for rates’ convergence ...
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Experts forecast good prospect for the Naira


By FELIX OLOYEDE. Renewed investor confidence in the Nigerian foreign exchange market and the Central Bank of Nigeria's (CBN) continued interventions have eased pressure on the naira as the country's currency appreciated by 0.01 percent on the Nigerian Autonomous Foreign Exchange Market ...
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Naira Stable as CBN injected $ 210m in Foreign Exchange Market


Naira listed The Central Bank of Nigeria (CBN) has injected another $ 210 million into the interbank foreign exchange market to meet customer requests in various segments. On Monday, Executive Director of the Bank, Corporate Communications, Isaac Okorafor announced in Abuja that $ 100 million was offered ...
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CBN Boosts Foreign Exchange Market With $210m – GistPartner


The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments. This is coming barely days after the apex bank injected $262.5 million in its first retail Secondary Market Intervention Sales (SMIS) for the year ...
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CBN Inaugurates Financial Inclusion State Sterling Committee In Anambra – The Triangle


The CBN on Friday inaugurated the Financial Inclusion State Steering Committee for implementation of the National Financial Inclusion Strategy (NFIS) in Anambra. The committee was inaugurated at the Awka Branch office of the CBN on Friday.
At the inauguration, Prof. Solomon Chukwulobelu, the Secretary to the Anambra government urged members ...
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CBN injects $210m into forex market Business


CBN injects $210m into forex market By News Express on 16/01/2018 Share on Tweet Views: 145
The Central Bank of Nigeria (CBN) has injected another $210 million into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market. Figures obtained from the Bank ...
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Naira Closes N360.65 At I & E Fx Window


he Investors and Exporters (I&E) foreign exchange window depreciated by 0.07 per cent on Monday to close at N360.65 amid Central Bank of Nigeria (CBN) sustained injection. Trading activities at the specialised window for investors and exporters opened at N360.33, traded high and low at N362.00 ...
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CBN injects $210m as naira depreciates to N360.65/$ – Nigeria Economy news


  • By Adaeze OkechukwuThe naira Monday depreciated to N360.65 per dollar in the Investors and Exporters (I&E) window even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market.Acting Director, Corporate Communications Department (CCD), CBN, Mr. Isaac Okorafor confirmed the injection saying: “The CBN offered ...
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    CBN injects $210m as naira depreciates to N360.65/$


    By Adaeze Okechukwu
    The naira Monday depreciated to N360.65 per dollar in the Investors and Exporters (I&E) window even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market. Acting Director, Corporate Communications Department (CCD), CBN, Mr. Isaac Okorafor confirmed the injection saying: “The CBN ...
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    Naira weakens to 364/dollar despite CBN injections


    Oyetunji Abioye The naira weakened to 364 per United States dollar at the parallel market on Monday, despite the injection of $210m into the interbank foreign exchange market by the Central Bank of Nigeria. This latest injection came barely two trading days after the CBN injected $262.5m into the ...
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