Isaac Okorafor Archives - PRNigeria News https://prnigeria.com/tag/isaac-okorafor/ Reliable Platform for Press Release Syndication Mon, 21 Nov 2022 13:32:15 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://i0.wp.com/prnigeria.com/wp-content/uploads/2021/05/PRNigeria-Icon.jpg?fit=32%2C23&ssl=1 Isaac Okorafor Archives - PRNigeria News https://prnigeria.com/tag/isaac-okorafor/ 32 32 42672738 Forex: CBN injects US Dollars, Chinese Currency into Interbank https://prnigeria.com/2018/07/27/forex-cbn-us-dollars-chinese-currency/ https://prnigeria.com/2018/07/27/forex-cbn-us-dollars-chinese-currency/#respond Fri, 27 Jul 2018 18:16:59 +0000 https://prnigeria.com/?p=14981 Forex: CBN injects US Dollars, Chinese Currency into Interbank Following last week’s take-off of its intervention in the sale of foreign exchange in Chinese Yuan (CNY), the Central Bank of Nigeria (CBN), on Friday, July 27, 2018, injected the sum $340, 507, 376.51 into the interbank retail Secondary Market Intervention Sales. This is in addition […]

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]]> https://prnigeria.com/2018/07/27/forex-cbn-us-dollars-chinese-currency/feed/ 0 14981 Forex: CBN gives Retail SMIS $343.06m boost https://prnigeria.com/2018/06/14/forex-cbn-gives-retail-smis-343m-boost/ https://prnigeria.com/2018/06/14/forex-cbn-gives-retail-smis-343m-boost/#respond Thu, 14 Jun 2018 19:51:52 +0000 https://prnigeria.com/?p=14427 Forex: CBN gives Retail SMIS $343.06m boost The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Bank indicate that the amount released was for requests […]

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]]> https://prnigeria.com/2018/06/14/forex-cbn-gives-retail-smis-343m-boost/feed/ 0 14427 Nigeria’s External Reserves climb to $46 billion-CBN https://prnigeria.com/2018/03/11/nigeria-external-reserves-46bn-cbn/ https://prnigeria.com/2018/03/11/nigeria-external-reserves-46bn-cbn/#respond Sun, 11 Mar 2018 19:06:07 +0000 https://prnigeria.com/?p=13205 Nigeria’s External Reserves climb to $46 billion- CBN Nigeria’s External Reserves are steadily heading towards the $50 billion mark, berthing at $46 billion as at the close of business on Friday, March 9, 2018. Figures obtained from the Central Bank of Nigeria (CBN) at the weekend indicate that the reserves grew by about $3.2 billion […]

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]]> https://prnigeria.com/2018/03/11/nigeria-external-reserves-46bn-cbn/feed/ 0 13205 FOREX: Again CBN opens week with $195m intervention https://prnigeria.com/2017/07/31/forex-cbn-195m-intervention/ https://prnigeria.com/2017/07/31/forex-cbn-195m-intervention/#respond Mon, 31 Jul 2017 19:24:05 +0000 https://prnigeria.com/?p=10114 FOREX: CBN opens week with $195m intervention The Central Bank of Nigeria (CBN) on Monday, July 31, 2017, offered $100 million in wholesale auction at the inter-bank Foreign Exchange market and intervened in the Small and Medium Enterprises (SMEs) and invisible segments, with the sum of $50 million and $45 million, respectively. Confirming the figures, […]

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]]> https://prnigeria.com/2017/07/31/forex-cbn-195m-intervention/feed/ 0 10114 CBN Intervention: Banks’ forex demand slump over fear of dollar crash https://prnigeria.com/2017/04/13/cbn-banks-dollar-demand-slumps/ https://prnigeria.com/2017/04/13/cbn-banks-dollar-demand-slumps/#respond Thu, 13 Apr 2017 18:09:46 +0000 https://prnigeria.com/?p=8900 There are strong indications that the demand for foreign exchange by authorized dealers has slumped, as the dealers were only able to pick $45 million out of the $100 million offered by the CBN on wholesale spot. Industry experts have attributed the slump in demand to the rate of forex liquidity being pumped into the […]

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]]> https://prnigeria.com/2017/04/13/cbn-banks-dollar-demand-slumps/feed/ 0 8900 Forex Intervention: CBN Releases $370mn https://prnigeria.com/2017/02/21/forex-cbn-releases-370mn/ https://prnigeria.com/2017/02/21/forex-cbn-releases-370mn/#respond Tue, 21 Feb 2017 19:09:15 +0000 https://prnigeria.com/?p=8269 Sequel to its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central Bank of Nigeria (CBN) on Tuesday, February 21, 2017, carried out wholesale interventions in the interbank FOREX market by providing a total sum of $370,810,810.79 to 23 banks to meet the visible and inviable requests […]

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