The Central Bank of Nigeria, on Friday, injected the sum $303.91m into the interbank retail Secondary Market Intervention Sales segment of the foreign exchange market. The CBN said in a.
The end month balance of the banking sector’s deposit base as at June 2018 was N23.21 trillion, indicating a level of liquidity at the disposal of the lenders for credit.
The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line with the regulator’s determination to meet foreign exchange demands at the retail.
Nigeria’s banks are facing economic challenges but have strong capital buffers to weather the crisis, a central bank official said on Wednesday following a meeting with lenders. Nigeria, Africa’s.
