Thursday, June 17, 2021

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Foreign exchange

Potential for local milk production in Nigeria high – Agriculturist

An agriculturist, Yahaya Abdullahi, says Nigeria has the potential for production of milk and other dairy products to meet local and foreign demands.

Nigeria external reserves stand at $45bn as at June – CBN

The Central Bank of Nigeria, CBN,  says the country’s external reserves now stand at 45 billion dollars as at June, 2019.

CBN stops issuing forex to importers of textiles

Governor of Central Bank of Nigeria, CBN, Godwin Emefiele on Tuesday disclosed that the bank has placed restrictions on the sale of foreign exchange to importers of textiles and other clothing materials into the country.

CBN makes first FOREX intervention for 2019 worth $210m

The Central Bank of Nigeria, CBN, on Friday made its first intervention in the inter-bank sector of the Foreign Exchange, FOREX, market for 2019...

CBN injects $9.96bn into FX market in 6 months

The Central Bank of Nigeria (CBN) has injected $9.964 billion into the interbank segment of the foreign exchange (forex) market since it commenced its...

CBN pumps $195m to foreign exchange market

The Central Bank of Nigeria, CBN, on Monday, intervened in inter-bank Foreign Exchange Market with the supply of 195 million dollars as part of...

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