June 14, 2017/First Bank of Nigeria Ltd As the banking business evolves, First Bank of Nigeria Limited has remained committed to empowering the Nigerian populace with the *894# Quick Banking service as part of its financial inclusion drive. The service is set to deliver the power to bank anywhere and […]
Money Market
Naira lifted Again As CBN Injects $418m; Investors and Exports Segment Hits $2.2BN
Culled—Proshare June 13, 2017/CBN The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million into various segments of the inter-bank Foreign Exchange market on Tuesday, June 13, 2017. This is coming on the heels of a cumulative $2.2bn boost in […]
CBN Boosts FOREX Market With $413.5m
Culled—Proshare June 13, 2017/CBN The Central Bank of Nigeria (CBN) has intervened in the inter-bank Foreign Exchange market to the tune of $413.5 million, further underscoring its resolve to guarantee liquidity in the market as well as shore up the international value of the naira. Giving a breakdown of the […]
