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Tag: naira stability

Net foreign exchange inflow into Nigeria surges Keystone bank's operations, CBN announces new date, Investors favour 364-day bonds Demand for unsecured loans surpasses secured credit CBN predicts 4.17% GDP CBN introduces new account options CBN staff lobby for exit Banks borrow N27.95trn from CBN in Q3 2024 EFEMS Eurobond issuance bolster FX reserves Banks’ borrowed N776.1bn CBN International Training Institute CBN mops up N1.335trn External reserves hit 22-month high $2.97 billion released to Oil Sector JUST IN: CBN defies National Assembly, maintains 5% Ways And Means advance limit,52% of Nigerian adults have bank accounts in 2023 — CBN

EFEMS, Eurobond issuance bolster FX reserves, Naira stability

by Chima Nwokoji

December 9, 2024

THE Central Bank of Nigeria (CBN) has taken significant steps to stabilize the foreign exchange (FX) market with the launch ...

Net foreign exchange inflow into Nigeria surges Keystone bank's operations, CBN announces new date, Investors favour 364-day bonds Demand for unsecured loans surpasses secured credit CBN predicts 4.17% GDP CBN introduces new account options CBN staff lobby for exit Banks borrow N27.95trn from CBN in Q3 2024 EFEMS Eurobond issuance bolster FX reserves Banks’ borrowed N776.1bn CBN International Training Institute CBN mops up N1.335trn External reserves hit 22-month high $2.97 billion released to Oil Sector JUST IN: CBN defies National Assembly, maintains 5% Ways And Means advance limit,52% of Nigerian adults have bank accounts in 2023 — CBN

Naira stability: ABCON hails CBN over BDC recall into mainstream FX market

by Nurudeen Alimi

The Association of Bureaux de Change Operators of Nigeria (ABCON) has lauded the decision of the Olayemi Cardoso-led Central Bank ...

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