CBN Injects $635m to Save Naira, But It Still Drops 2.35%
In a determined bid to shield the naira from relentless pressure in the foreign exchange…
All Posts in "Money Market"
“Second Nigeria-China Currency Swap: Impact on Citizens and the Economy”
As Nigeria enters the second round of its currency swap agreement with China, a thorough…
Nigeria posts $6.83bn balance of payments surplus as foreign reserves hit $40bn
The Central Bank of Nigeria (CBN) has announced a balance of payments (BOP) surplus of…
Nigeria Achieves $6.83 Billion Balance of Payments Surplus in 2024 as Economic Reforms Bear Fruit
Nigeria Records $6.83 Billion Balance of Payments Surplus in 2024, Reflecting Economic Rebound and Renewed…
Polaris Bank Ignites Financial Literacy Spark at NANA College Warri During Global Money Week 2025
The spirit of Global Money Week 2025 came alive at NANA College, Warri, Delta State,…
Despite CBN’s $197m intervention, naira drops to four-month low at official market
The naira, on Monday, depreciated to N1,612 per dollar at the official segment of the…
Naira Wobbles as Dollar Demand Soars, Banks Hit by N400bn CRR Debit
The Nigerian money market showcased remarkable resilience despite a major liquidity shock last Friday, when…
Fidelity Bank Distributes Food Packs to FCT Communities
As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc,…
CBN Sells N5.5trn in Treasury Bills in Q1 2025, Rejects N9.7trn as Foreign Investor Inflows Dry Up
In the first quarter of 2025, the Central Bank of Nigeria (CBN) sold a total…
CBN Injects $197.71 Million into FX Market as Global Shifts Test Nigeria’s Economic Resilience
In a firm show of its commitment to a resilient and responsive foreign exchange regime,…