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Naira Trades at N362.30 per Dollar at Investors Window

The Naira against the Dollar The Naira on Wednesday closed at N362.30 to the dollar at the investors’ window, with investors trading a total of 147.8 million dollars, the News Agency of Nigeria (NAN) reports. At the Bureau de Change (BDC) window, the naira was sold at N360 to the dollar, while the Pound Sterling […]

Nigeria, China currency swap will not cover substandard goods

Published on 15.08.2018 at 18h21 by APA News The Central Bank of Nigeria (CBN) says the currency swap agreement with the People’s Bank of China (PBoC) will not cover the importation of substandard goods into the country.The Governor of the CBN, Mr. Godwin Emefiele, said this on Wednesday in Abuja, at […]

CBN bars importers of substandard goods :: Bestnaira.com

    Abuja,- The Central Bank of Nigeria (CBN) says the currency swap agreement with the People’s Bank of China (PBoC), will not cover the importation of substandard goods into the country.The Central Bank Governor, Mr Godwin Emefiele, said this on Wednesday in Abuja, at the Currency Swap Forum for North Central Zone. The forum […]

Currency swap deal: CBN bars importers of substandard goods |

‘); }()); The Central Bank of Nigeria (CBN) says the currency swap agreement with the People’s Bank of China (PBoC), will not cover the importation of substandard goods into the country. Continue reading Currency swap deal: CBN bars importers of substandard goods at Vanguard News. Source: NairaLift Parrot News

CBN sensitises Nigerians on currency swap

CENTRAL Bank of Nigeria (CBN) will today sensitise stakeholders in Abuja and the adjoining states on its bilateral currency swap agreement with the People’s Bank of China (PBoC) signed on April. A statement issued by CBN Spokesperson, Isaac Okorafor on Tuesday also disclosed that the apex bank Central Bank sustained its intervention in the inter-bank […]

Stanbic IBTC’s customers, stakeholders sensitised on Naira-Yuan exchange

In a quest to help customers take advantage of the currency swap deal between China and Nigeria, Stanbic IBTC has sensitised its customers and stakeholders on the currency swap agreement. In May, 2018, Nigeria and China had finalised a currency swap between the reserve banks of both countries. The Peoples Bank of China (PBOC) disclosed this in […]

Real sector’s growth optimism constrained by lingering challenges — Business — The Guardian Nigeria Newspaper – Nigeria and World News

LCCI Although business operators are optimistic about the economic outlook this month, there are concerns that insufficient power supply, high interest rate and insufficient demand, among other factors, may constrain growth in the real sector. Indeed, latest report on the monthly business expectations survey conducted by the Central Bank of Nigeria (CBN) also showed that […]

Wholesale market, others get $210m CBN boost

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into the market yesterday.  At the trading yesterday, the bank offered the sum of $100,000,000 as wholesale interventions and allocated the sum of $55,000,000 each for Small and Medium Enterprises (SMEs) forex […]

Forex: Wholesale market, others get $210m from CBN

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting $210 million into the market. At Tuesday’s trading, the Bank offered the sum of $100,000,000 as wholesale interventions and allocated the sum of $55,000,000 each for Small and Medium Enterprises (SMEs) forex window and the invisibles sector, […]

CBN boosts wholesale forex market, others with $210m

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into various sums of the market on Tuesday, August 14, 2018. At Tuesday’s trading, the CBN offered the sum of $100,000,000 as wholesale interventions and allocated the sum of $55,000,000 each for Small […]

Nigeria: Central bank pumps $210m into forex market

Published on 15.08.2018 at 13h21 by APA News The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting $210 million into the various segments of the market.The Acting Director, Corporate Communications of the CBN, Mr. Isaac Okorafor, said in Abuja that the apex […]

CBN injects $210m into foreign exchange – Punch Newspapers

The Central Bank of Nigeria has sustained its intervention in the inter-bank foreign exchange market by injecting 210 million dollars into the various segments of the market. The acting Director,  Corporate Communications, CBN, Mr Isaac Okorafor, on Tuesday in Abuja, said the apex bank offered 100 million dollars  as wholesale interventions and allocated 55 million […]

FBI alerts banks around globe over imminent cyber attacks

US domestic intelligence and security service, Federal Bureau of Investigation (FBI), has warned all banks across the globe of an imminent threat that their cash machines can be manipulated by cybercriminals. FBI is the domestic intelligence and security service of the United States, and its principal federal law enforcement agency. In a confidential alert, the […]

CBN approves N14.9 billion credit facility to farmers

Nairametrics n CBN has approved a credit facility of N14.9 billion for farmers. n The post. … Read The Rest at : Naira Metric …