The Central Bank of Nigeria sold $815.36 million to end users through 26 banks in its inaugural Retail Dutch Auction System at N1495 per dollar rate....
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The Central Bank of Nigeria (CBN) said it has sold $122.671 million dollars to to 46 authorised dealers in its determination to promote stability and reduce market volatility in the foreign exchange market. A statement signed by the Bank’s Director in charge of Financial Markets, Dr. Omolara Duke, disclosed that $67 million was sold to […]
The Central Bank of Nigeria sold $815.36 million to end users through 26 banks in its inaugural Retail Dutch Auction System at N1495 per dollar rate....
Sebi stated that these measures are aimed at enhancing investor protection and promote market stability in derivative markets.
The CBN expects these actions to help stabilise the foreign exchange market, aligning with its broader economic goals. The Central Bank of Nigeria...
Despite the challenging environment following the Central Bank of Nigeria's intervention in January 2024, which led to heightened customer...
The Central Bank of Nigeria (CBN) has announced a substantial increase in remittance inflows, recording $553 million in July 2024. The figure...
Private equity firm Warburg Pincus has sold a 6.45% stake in Kalyan Jewellers for Rs 3,584 crore via open market transactions, with shares sold at Rs...
The National Agency for Food and Drug Administration and Control (NAFDAC), has revealed that bread sold in the markets is failing laboratory tests...
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid depositors, with balances exceeding Five Million Naira, the initial insured sum of...
August 14, 2024. Azonuchechi Chukwu. The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports. CBN, in a...
Intel is now seen to have sold its stake in the world's leading chip design firm, Arm Holdings. This sale is seen as one of the steps taken by Intel...