Tag: Market
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Forex: CBN boosts market with $195m ahead of MPC decisions
…as Naira exchanges for N363/1$ at the parallel market The Central Bank of Nigeria (CBN) on Monday boosted the Foreign Exchange (Forex) market by offering a 195 million dollars in three segments of the Forex market. The acting Director of Corporate Communications, Mr Isaac Okorafor, in a statement, said it auctioned 100 million dollars at…
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Graphic Photos/Video: 10 year old boy, two others die in Owerri market protest
Reports reaching the TheNewsGuru.com now have it that a violent protest is going on in Owerri, the Imo State capital sequel to the demolition of the Eke Onunwa market by the Rochas Okorocha led state government leaving a ten year old boy and two others dead. A video exclusively sourced by the TheNewsGuru.com from impeccable…
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Forex: Again, CBN boosts supply, releases $195m into 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 effort to stabilise the market. The acting Director, Corporate Communications of the apex bank, Mr Isaac Okorafor, in a statement, said 100 million dollars was offered through the wholesale segment. He…
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Again, CBN injects $142.5m into foreign exchange market
…as Naira exchamges for N364/$1 The Central Bank of Nigeria (CBN) on Monday injected 142.5 million dollars into the inter-bank foreign exchange, days after intervening in the retail segment of the market with 254.3 million dollars. The spokesperson of the apex bank, Mr Isaac Okorafor, in a statement, said the CBN would continue to carry…
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Scarcity: CBN injects $195m into forex market
…as Naira exchanges for N364/$1 Following its 800 million dollars intervention in the inter-bank Foreign Exchange (FOREX) Market last week, the Central Bank of Nigeria (CBN), on Monday, injected 195 million dollars into the market to meet the requests of customers in the various segments of the market. The acting Director, Corporate Communications, Mr Isaac…
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Forex: CBN pumps fresh $482.6m into market
The Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of 482.6 million dollars in the first trading day after the Democracy Day celebrations. A statement issued by its Acting Director, Corporate Communications, Mr Isaac Okorafor in Abuja said that this was part of measures to underline its determination…