• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Saturday, May 24
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Banking & Finance»Money Market»CBN Boosts Forex Market With $457.3m
Money Market

CBN Boosts Forex Market With $457.3m

By orientalnewsngMay 16, 2017No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Image result for nigeria CBN

Yemisi Izuora

The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars into various segments of the market.

The CBN Spokesman, Mr Isaac Okorafor in a statement in Abuja, said that both the spot and forwards segments garnered 267.3 million dollars, while the wholesale segment got 100 million dollars.

Okorafor said the Small and Medium Enterprises (SMEs) and invisibles segments comprising basic travel allowance, tuition fee and medical got 50 million dollars and 40 million dollars respectively.

Okorafor expressed satisfaction with the level of activities in the market.

He said that the volume of activities being recorded in the Investors and Exporters forex segment was indicative of the fact that investors were attracted to the Nigerian financial market and the economy in general.

Share this:

  • Share
  • Email
  • Tweet
  • Reddit
featured slider
orientalnewsng

Related Posts

CBN Retains Monetary Policy Rate At 27.50%

May 21, 2025

NDIC Assures High Profile Depositors Of Defunct Heritage Bank Of Payment 

March 30, 2025

GTCO Plc Profit Soars To N1.266 Trillion In 2024

March 30, 2025

Leave A Reply Cancel Reply

The latest
  • NCDMB Photo News: At The Nigerian the Champions of Nigerian Content In Yenagoa On Wednesday.
  • GOCOP To Launch Book On ‘Nigeria Media Renaissance: GOCOP Perspectives On Online Publishing’
  • MAN Expresses Concern Over Unmet Forex Forward Obligations By Banks
  • Court Dismantles Illegal Capital Market Firm In Lagos
  • Helpster Doubles Impact In Fight Against Maternal, Child Mortality
  • Guinea Insurance Plc Reinforces Vision and Leadership Transition.
  • BPP And PCNGI Enters Into Strategic Partnership On Clean Energy Transition
  • Apapa Customs Command Makes More Seizures Of Imported Prohibited Items
  • Ghana Understudies Nigeria’s Cargo Insurance Implementation 
  • AMCON’s Board Charged On Debt Recoveries
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2025 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.