Home / Business and Economy / FOREX: CBN offers $100m for wholesale
CBN Governor, Mr. Godwin Emefiele

FOREX: CBN offers $100m for wholesale

 

CBN Governor, Mr. Godwin Emefiele

The Central Bank of Nigeria (CBN) on Thursday, April 6, 2017, offered the sum of $100 million to authorized dealers at the forex auction in the interbank wholesale window.

The Bank’s spokesman, Isaac Okorafor, confirmed the offer in Abuja on Thursday, disclosing that no interventions were made in the retail auction window for forex. He, however, added that the CBN made special intervention of $10,000 to dealers in the Bureau de Change (BDC) segment on Thursday.

According to him, the Bank’s interventions in the different segments had ensured stability in the market and guaranteed availability to individuals and business concerns. 

About Global Patriot Staff

Check Also

Konga Travel commences Canadian visa services for professionals, students 

Lagos, Nigeria Konga Travels and Tours, a leading provider of travel services in Nigeria is …

Leave a Reply

Your email address will not be published. Required fields are marked *