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Naira up to N361.18 /$ as CBN injects $210m


The naira yesterday appreciated by 7 kobo to N361.18 per dollar in the Investors and Exporters (I&E) window even as the Central Bank of Nigeria (CBN) injected $210 million into various  segments of the foreign exchange market. Data from FMDQ showed that the indicative exchange rate for the I&E ...
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CBN boosts forex market with $210 million |


Mr Isaac Okorafor, Acting Director, Corporate Communications, Central Bank of Nigeria (CBN) said the apex bank boosted the foreign exchange market with 210 million dollars to meet customers’ requests in various segments.'); }()); The post CBN boosts forex market with $210 million appeared first on Vanguard News. Source: NairaLift ...
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CBN boosts forex market with $210 million


NAN Mr Isaac Okorafor, Acting Director, Corporate Communications, Central Bank of Nigeria (CBN) said the apex bank boosted the foreign exchange market with 210 million dollars to meet customers’ requests in various segments. Okoroafor said this in a statement on Wednesday in Abuja. According to him, the bank, in ...
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Adelabu, ex-CBN deputy governor, joins Oyo governorship race |


Chief Adebayo Adelabu, a former Deputy Governor of the CBN, on Wednesday declared his intention to contest the Oyo State governorship election in 2019 on the platform of All Progressives Congress(APC).'); }()); The post Adelabu, ex-CBN deputy governor, joins Oyo governorship race appeared first on Vanguard News. Source: NairaLift ...
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CBN lifts forex market with $210 million > Financial Watch


CBN CBN lifts forex market with $210 million – Mr Isaac Okorafor, Acting Director, Corporate Communications, Central Bank of Nigeria (CBN) said the apex bank boosted the foreign exchange market with 210 million dollars to meet customers’ requests in various segments. Okoroafor said this in a statement on Wednesday in ...
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Cbn 220 billion sme fund

Array over the repayment of N2. THE Central Bank of Nigeria with CBN on July 24 2014 under the CBN 220 billion naira for the fund, Enugu SME ...
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CBN Salary Structure Scale – How Much CBN Pays Workers : NairaScholars


CBN Salary Structure Scale – How Much CBN Pays Workers See CBN Salary Salary Structure and Scale for Workers. Central Bank of Nigeria Salary Structure The Central Bank of Nigeria popularly called (CBN) is the Central bank and apex monetary authority of Nigeria which was established by the CBN ...
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Nigeria: Triumph Over Multiple Exchange Rates in Nigeria


By Bukola IdowuIn this article, BUKOLA IDOWU takes a look at the impacts of Central Bank of Nigeria (CBN's) unification of exchange rates and demands of Bureau de Change (BDCs) over the recent currency swap with China. The Central Bank of Nigeria (CBN) moved closer to realising its single exchange ...
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Naira To Dollar Exchange Rate For Today As Naira Stabilizes ▷ Naija News


Dollar to Naira exchange rate today Naira To Dollar Exchange Rate For Today, 20th June, 2018 The continued intervention of the Central Bank of Nigeria (CBN), as ensured the Naira remains stable across the foreign exchange market. The Naira to US dollar, is currently pegged at an official exchange ...
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Lai Mohammed charges CBN to spur more actions in e-payment sector :: Bestnaira.com


    Minister of Information and Culture, Alhaji Lai Mohammed has challenged the Central Bank of Nigeria, CBN, to spur more actions in the electronic payment system to fully exploit the potentials of the sector in economic growth and development. Alhaji Lai Mohammed at The 61st Meeting of UNWTO ...
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USD 2.5 bn currency exchange deal between Nigeria and China | Global Edition


The most-awaited guidelines for the USD 2.5 billion currency exchange deal between the Central Bank of Nigeria (CBN) and The Peoples Bank of China (PBoC) have been unveiled. The deal will spread the trade for local banks and raise their revenues. But, it could worsen the widening business interval ...
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Naira to Remain Stable at Most Market Segments This Week


By Dipo Olowookere Last week, the local currency closed flat against the greenback at the parallel market and the Bureau De Change segments at N362/$ and N360/$ respectively on sustained special intervention by Central Bank of Nigeria (CBN). Also, the Naira/Dollar rate remained unchanged at the interbank foreign exchange ...
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What $2.5b currency swap deal means for banks, economy


The much-awaited guidelines for the $2.5billion currency swap deal between the Central Bank of Nigeria (CBN) and The Peoples Bank of China (PBoC) have been unveiled. The deal will widen the trade window for local banks and increase their revenues. But, it could worsen the widening trade gap between ...
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Is retention of MPR by CBN good for the economy? – Punch Newspapers


  • Mr Buchi Ejiogu (Economist/ public affairs analyst)
I think the Central Bank of Nigeria is right on this and the retention of the MPR at 14 per cent is right. This is because the economy is still within the high risk region when you consider the ...
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Inflation decline: Don advises FG


A don, Dr Charles Nwaekeaku, has said that the progressive decline in inflation rate is heartwarming, but advised the Federal Government to plan more rather than jubilate as the development is temporary.

Nwaekeaku, an Associate Professor at Nassarawa State University, Keffi, gave the advice in an interview with the ...
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DURO’S RUSSIA NOTES… – THISDAYLIVE


NAIRA DEBIT CARD MESS All around the world, Nigerians have the reputation of paying cash for most of their transactions. The introduction of debit/credit cards by most Nigerian banks has hardly changed that attitude of carrying cash around. Although the fear of losing such funds to thieves has sort ...
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ABCON Backs CBN-PBoC Currency Swap Deal


Gwadabe disclosed that the currency swap deal was part of the CBN's plan to keep the naira stable and protect the foreign reserves domiciled in ...
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10 things to know in markets this week and the 2018 budget – Politics


'); }else{ document.write(''); fbAsyncIds.push('fwid4'); fbStatUrls.push('https://www.blick.ch/stats/?rt=1&objId=8511158&type=article&ctxId=3782&pubId=2&cat=news&meta=like&title=10+things+you+need+to+know+in+markets+this+week+and+the+2018+budget&url=http%3A%2F%2Fwww.pulse.ng%2Fbi%2Fpolitics%2F10-things-to-know-in-markets-this-week-and-the-2018-budget-id8511158.html'); }} /* ]]> */ Here are the few things to know in the Nigeria finance, politics and tech corridor this week.Businesses and economic activities resume after the celebration of Eid el Fitr nationwide.Politics1. Nigeria's Muhammadu Buhari to sign 2018 budget into law this week2 ...
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CBN forex interventions, $48b foreign reserves keep naira stable


CBN forex interventions, $48b foreign reserves keep naira stable The naira will remain stable at both the official and parallel markets, with the rise in [ ...
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CBN’s liquidity mop up resume as ₦425bn flows into the interbank


The Central Bank of Nigeria (CBN) is expected to resume its liquidity mop ... In the parallel market the naira appreciated by 40 kobo as the exchange ...
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FOREX – All About The Currency Swap Deal (Naira For Renminbi) |


The CBN on Thursday release the framework for the operations of the Bilateral Currency Swap Agreement executed between the People’s Bank of China and the Central Bank of Nigeria. The agreement is for a maximum of CNY15billion for NGN 720billion within the beast 3 years. The swap agreement allows ...
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Will Yuan swap strengthen naira rate? – NNU POST


By Henry Boyo IN May this year, Godwin Emefiele, the CBN Governor; formally, enthusiastically, confirmed the establishment of a currency deal between the Bank of China and its Nigeria counterpart; Emefiele, however also reported that the details and operational guidelines relating to the ¥15bn/N720bn swap would be announced later ...
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