Forex

CBN freezes accounts of 38 firms over forex infraction

The Central Bank of Nigeria has directed banks to freeze the accounts of 38 companies operating in the country.The development was confirmed in a...

Business and Economy

Forex: CBN injects $292.34million into retail Secondary Market

The Central Bank of Nigeria (CBN) has injected the sum of 292.34million dollars into the retail Secondary Market Intervention Sales (SMIS). CBN Director, Corporate Communications,...

Business and Economy

Forex: CBN injects $218.41m, CNY 18m into retail secondary market

The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention Sales (SMIS).The bank’s Director,...

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