Money market
CBN injects $280.04m, CNY 28.3m into retail SMIS
The retail Secondary market intervention sales on Friday received a boost of $280.04m from the Central Bank of Nigeria. It…
Trump says U.S. economy ‘handcuffed’ by Fed, wants further rate cut
Donald Trump, U.S. president, on Friday called on the Federal Reserve to lower interest rates by a full percentage point,…
Dollar, yuan stronger as risk sentiment improves
The dollar index inched higher on Thursday and the Chinese currency strengthened after the Chinese central bank fixed the yuan…
CBN auctions N115bn treasury bills to boost dollar liquidity
The Central Bank of Nigeria sold a total of N114.6 billion worth of treasury bills Wednesday, in its first of…
CBN intervenes with $210m in forex market
The Nigerian inter-bank foreign exchange market received another boost with an injection of about $210 million from the Central Bank…
China says U.S. currency manipulator labeling could cause chaos in financial markets
China’s central bank said on Tuesday that Washington’s decision to label Beijing as a currency manipulator would “severely damage international…
