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CBN
CBN Improves Foreign Exchange Market With $195m
The Central Bank of Nigeria (CBN) on Monday offered $195m in three segments of the Foreign Exchange Market to boost liquidity in the operation.
The CBN’s Acting Director, Corporate…
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Inter-Bank Forex Market gets $462m CBN boost
A breakdown of the forex intervention figures obtained from the Bank indicates that the Retail Secondary Market Intervention Sales (SMIS) received the largest allocation of…
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CBN rejects Finance minister’s call for interest rate cut …retains benchmark rate at 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, which is the benchmark lending rate, at the current 14 per cent.
The…
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