Tag: Forex Market
Nigeria offers Longer-term Naira contracts to lure investors, shore up FX reserves
Nigeria’s central bank has introduced longer-term contracts on the naira in a move to attract more foreign inflows, shore up its dwindling dollar reserves and prevent the currency from weakening, traders said on Thursday. READ ...
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CBN injects $210m into interbank Forex Market
The Nigerian Inter-bank foreign exchange market received another boost of 210 million dollars from the Central Bank of Nigeria (CBN) after transactions on Tuesday, July 23. Mr Isaac Okorafor, the CBN Director, Corporate Communications Department, ...
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