68bn was arrived at by our correspondent based on analysis of the monthly economic report released by the apex bank.The CBN usually intervenes in the foreign exchange market by injecting liquidity about three times a week.
An analysis of the intervention showed that the apex bank injected about $3.56bn in January while February, March and April each had $3.35bn, $3.75bn and $2.43bn respectively. “Thus, a cummulative sum of $4.59bn was sold by the bank to authorised dealers in August 2019, compared with $3.46bn supplied in July 2019.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Reps summons AGF, CBN, commercial banks, others over Stamp Duty – Daily TrustThe House of Representatives Committee on Public Accounts has summoned the Accountant General of the Federation (AGF), the Central Bank of Nigeria (CBN) and officials of some commercial banks to appear before it to explain their roles in the collection of Stamp Duties.
Source: Daily Trust - 🏆 13. / 51 Read more »
Imo to partner CBN, agric bank in reviving Adapalm – Daily TrustImo state government is set to secure loans from the Central Bank of Nigeria (CBN) and the Bank of Agriculture for the revival of Adapalm Plantation. Already a combined team of Bank from Agriculture and CBN visited Imo State to interface with representatives of the state government on how to revive the oil palm industry …
Source: Daily Trust - 🏆 13. / 51 Read more »
Police deny robbery attempt at CBN in Benin – Daily TrustThe Edo Police Command has denied reports of robbery attempt at the Central Bank of Nigeria (CBN), Benin. DCP Ayoola Ajala, Deputy Commissioner of Police in charge of operations, said that it was not true that there was a robbery attempt at the bank.ADVERTISEMENT He said that the incident had to do with some cultists …
Source: Daily Trust - 🏆 13. / 51 Read more »
No robbery at our Benin branch - CBN | The Guardian Nigeria News - Nigeria and World NewsThe Central Bank of Nigeria (CBN)has said there was no robbery attack at its Benin branch in Edo State. “Stories that armed robbers attacked CBN Benin branch on Tuesday 12/11/19 are untrue,” CBN tweeted late Tuesday. There were unconfirmed reports on Tuesday that some robbers attempted to break into the CBN branch in Benin when …
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Source: GuardianNigeria - 🏆 1. / 94 Read more »
No robbery at our Benin branch - CBN | The Guardian Nigeria News - Nigeria and World NewsThe Central Bank of Nigeria (CBN)has said there was no robbery attack at its Benin branch in Edo State. “Stories that armed robbers attacked CBN Benin branch on Tuesday 12/11/19 are untrue,” CBN tweeted late Tuesday. There were unconfirmed reports on Tuesday that some robbers attempted to break into the CBN branch in Benin when …
Source: GuardianNigeria - 🏆 1. / 94 Read more »