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Nairaland Forum / Nairaland / General / Business / CBN Injects $297.92 Into Secondary Market (4592 Views)
Naira Climbs To N360.55/$ As CBN Injects $210 Million / CBN Injects Fresh $210m In Forex Market / Naira Gains As CBN Injects $210m Into FX Market (2) (3) (4)
CBN Injects $297.92 Into Secondary Market by actiondrilling: 5:24am On Aug 24, 2019 |
The Central Bank of Nigeria (CBN), has injected 297.92 million dollars into the retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor made this known in a statement in Abuja on Friday. Okarafor disclosed that CBN also injected CNY21.2million in the spot and short-tenured forwards segment of the inter-bank foreign market. According to him, the United States dollars-denominated transactions are to meet requests in the agricultural and raw materials sectors, while those in Chinese Yuan are for Renminbi-denominated Letters of Credit. The director reiterated that the bank’s management was satisfied with the continued stability in the foreign exchange market. He assured that the CBN remained committed to meeting foreign exchange needs of all sectors of the economy. Meanwhile, N358 was exchanged to a dollar, while CNY1 exchanged at N46 at the Bureau De Change (BDC) segment of the foreign exchange market on Friday. https://www.pmnewsnigeria.com/2019/08/24/cbn-injects-297-92-into-secondary-market/amp/
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Re: CBN Injects $297.92 Into Secondary Market by Buraimohjoseph(m): 6:35am On Aug 24, 2019 |
FTC |
Re: CBN Injects $297.92 Into Secondary Market by iCauseTrouble: 6:35am On Aug 24, 2019 |
Injection wey no dey produce result...... You better give the secondary market herbs 8 Likes |
Re: CBN Injects $297.92 Into Secondary Market by Buraimohjoseph(m): 6:36am On Aug 24, 2019 |
R |
Re: CBN Injects $297.92 Into Secondary Market by Nobody: 6:36am On Aug 24, 2019 |
And how do I access this $297million ?? |
Re: CBN Injects $297.92 Into Secondary Market by helinues: 6:37am On Aug 24, 2019 |
When is tertiary injection? 1 Like |
Re: CBN Injects $297.92 Into Secondary Market by iammo(m): 6:38am On Aug 24, 2019 |
![]() no more forex for food importation, if you like imported gucci rice go and collect some dollars from Invictus obi i really wish real business men access this forex and not some aboki bdc opreators or estacode for some traveling politicians |
Re: CBN Injects $297.92 Into Secondary Market by allandutch: 6:42am On Aug 24, 2019 |
Okay, make dem dey inject up and down like say dem wan get free internet through HTTP. All the money they been injecting since, I wonder where they all end up... |
Re: CBN Injects $297.92 Into Secondary Market by MondayOsunbor(m): 6:49am On Aug 24, 2019 |
Nigerian kids on narialand ! Can you pray that God give una some brain ? You should ask When was the last injection ? What will happen when CBN can not inject anymore? |
Re: CBN Injects $297.92 Into Secondary Market by Hungrychicken(m): 6:49am On Aug 24, 2019 |
most of us don't understand what this thread means but we just had to comment anyway. ![]() ![]() 2 Likes 1 Share |
Re: CBN Injects $297.92 Into Secondary Market by englishmart(m): 6:49am On Aug 24, 2019 |
Paper talk. ![]() 1 Like |
Re: CBN Injects $297.92 Into Secondary Market by Hungrychicken(m): 6:50am On Aug 24, 2019 |
MondayOsunbor:u need brain also brother ![]() ![]() 3 Likes 1 Share |
Re: CBN Injects $297.92 Into Secondary Market by Bitterleafsoup: 6:53am On Aug 24, 2019 |
Propaganda ... To whom Shoprite? Why not modernize the local markets. |
Re: CBN Injects $297.92 Into Secondary Market by Duggedised12(f): 6:56am On Aug 24, 2019 |
Rgade:Same question i was about to ask here |
Re: CBN Injects $297.92 Into Secondary Market by correctguy2010: 6:58am On Aug 24, 2019 |
actiondrilling:OP edit your topic, million is missing from it. |
Re: CBN Injects $297.92 Into Secondary Market by TalkTalkTwins(m): 7:08am On Aug 24, 2019 |
We only hear of this kind of money on the news...mtcheww ![]() |
Re: CBN Injects $297.92 Into Secondary Market by habeeb246(m): 7:08am On Aug 24, 2019 |
Oh well |
Re: CBN Injects $297.92 Into Secondary Market by olayemioshiyemi: 7:08am On Aug 24, 2019 |
This people should stop giving one unnecessary headache .CBN inject this today inject that tomorrow with no atom of significant value on the generality of the citizens.... My submission : CBN injection is a moribund. |
Re: CBN Injects $297.92 Into Secondary Market by Nobody: 7:10am On Aug 24, 2019 |
Duggedised12:Abi, Money that we can't access; is that one money. |
Re: CBN Injects $297.92 Into Secondary Market by money121(m): 7:17am On Aug 24, 2019 |
Okay |
Re: CBN Injects $297.92 Into Secondary Market by Duggedised12(f): 7:24am On Aug 24, 2019 |
Rgade:na dem den go still access am, same way only connected people in my state are acecessing agricutultural loans to build houses ![]() |
Re: CBN Injects $297.92 Into Secondary Market by Nobody: 7:43am On Aug 24, 2019 |
Duggedised12:Exactly. Choi!... agricultural loans to build houses?? Kwarapshion This country is finished |
Re: CBN Injects $297.92 Into Secondary Market by owolabi5: 7:44am On Aug 24, 2019 |
CBN! JUST CREATE AN ENABLING ENVIRONMENT FOR BUSINESSES ESPECIALLY THE SMALL ONES, TO THRIVE. THEN MONEY WILL FLOW WELL AND ALL THESE INTERVENTIONS MIGHT NOT BE NECESSARY |
Re: CBN Injects $297.92 Into Secondary Market by Duggedised12(f): 8:21am On Aug 24, 2019 |
Rgade:na so we see am o ,the people wey need am most nor dey get access to these loans . 1 Like |
Re: CBN Injects $297.92 Into Secondary Market by Amieinu123(m): 8:33am On Aug 24, 2019 |
let them inject it to tertiary market,i dont even understand what they mean |
Re: CBN Injects $297.92 Into Secondary Market by ecokebaram44(m): 9:05am On Aug 24, 2019 |
How is this news in a country where most of the youths don't know where their next meal is coming from? How is this news in a country where some parents have four graduates at home, and still feeding them and don't know when and how they will become independent? How is this news in a nation where our leaders still travel out to treat headache? Where our hospitals are abandoned and death traps? How is this news in a nation where the rich continually steal and deprive the poor? Where menof 40 are still single, because of the fear of the financial implication of raising a family, How is this news in a nation where it is more profitable to slaythan to be industrious?where we pray more than we work, and ask God to help us root out evil leaders, while we sit and look,Where a youth demands accountability, and is locked up, and other youths debate about his tribe rather than his passion, how is this news where scores are killed daily by ritualists, book haram, robbers, and all vices,but it becomes a national debate when a law maker is harrased in a far away land! How is this newswhere majority of our people are dillusioned, accepted poverty as a way of life, lack, as Gods will, we must rise up someday and begin to make what counts matter, |
Re: CBN Injects $297.92 Into Secondary Market by banio: 3:02pm On Aug 24, 2019 |
All these cryptic methods in embezzling our national cake. |
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