Culled—Proshare September 11, 2019/CBN The interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, September 10, 2019. Figures obtained from the CBN indicated that authorized dealers in the wholesale segment of the market […]
Money Market
CBN Unveils Regulation on Electronic Payments and Collections for Public, Private Sectors
September 11, 2019/CBN Part 1 Preamble The Central Bank of Nigeria (CBN) the Bank in exercise of its powers under the CBN Act, 2007, hereby issues the Regulation on Electronic Payments and Collections for Public and Private Sectors in Nigeria (the Regulation). The Regulation is a revision of the Guidelines […]
Forex Intervention: CBN Injects $321.11m, CNY 33.3m into Retail SMIS
Culled—Proshare 6/9/2019/CBN The Central Bank of Nigeria (CBN) has made another intervention in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $321, 112,537.31. Figures obtained from the CBN on Friday, September 6, 2019, indicated that the sum of CNY33, 304,365.10 was also offered in the spot and […]
