Tag: Secondary Market Intervention Sales

CBN injects $337.16m, 56.17m CNY into retail Secondary Market Intervention Sales

Nov 3, 2018

—

by

Olaotan Falade

in Business News, Nigeria

The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November. A statement issued in Abuja by Isaac Okorafor, the bank’s Director of Corporate Communications, noted that the amount was in addition to…