Tag Archives: Retail Secondary Market Intervention Sales

The Central Bank of Nigeria (CBN) on Friday supplied about $355.43 million to the Retail Secondary Market Intervention Sales (SMIS) of the foreign exchange market in its resolve to guarantee liquidity. Figures obtained from the CBN by PREMIUM TIMES revealed that the provision was to help meet requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors ...

The Central Bank of Nigeria (CBN) has injected $325.64 million into the Retail Secondary Market Intervention Sales (SMIS). Figures obtained from the bank indicated that the amount released was for requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors. The figures were confirmed by the Bank’s Acting Director in charge of Corporate Communications, Isaac Okorafor, who ...

The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments. Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communications, Isaac Okorafor, on Monday, in Abuja, said that 100 million dollars was offered to authorised dealers in the wholesale segment of the market. ...