The Central Bank of Nigeria, CBN, on Thursday said it had offered $100 million to authorised dealers as its intervention to stabilise the foreign exchange market. Isaac Okorafor, Acting Director of the Corporate Communications Department of CBN. disclosed this in Read more
The Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the market and enhance accessibility and affordability for genuine end users. Isaac Okorafor, acting director, Read more
An underlying economic principle that is often lost in translation in public discourse on the operations of foreign exchange market in Nigeria is the dynamic relationship between demand, supply and price. The technical terms often used by economic and financial analysts in Read more