Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home News

CBN Sells Another $148m To Authorised Dealers

byGLAMTUSH
July 27, 2024
in News, Nigeria News
Reading Time: 1 min read
Interest Rate
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

CBN has sold another $148m to authorised dealers.

 

Glamtush reports that the Central Bank of Nigeria (CBN) has sold a cumulative amount of $148m to authorised dealers in the Nigerian Foreign Exchange Market (NFEM), to provide liquidity to the foreign exchange market.

READ ALSO

Adron Homes Refutes FIJ’s Misleading Report, Sets Record Straight

FIRS Chair Applauded By Commonwealth Tax Administrators For Global Impact

The transactions were conducted on July 22 and 23, 2024.

Revealing this in Abuja on Friday, the Acting Director of the Corporate Communications Department, Hakama Ali, underscored the transparency of the CBN’s operations.

She disclosed that the CBN sold foreign exchange to 29 authorised dealer banks at exchange rates between ₦1470.00/$1 and ₦1510.00/$1.

Ali also stated that the value dates for all transactions conducted on July 22 and 23, 2024, were T+0 and T+1 for sales at the later part of each day.

It would be recalled that the CBN also sold a total of $106.5m to 29 authorised dealer banks at rates between ₦1,498.00/$1 and ₦1,530.00/$1 on Thursday, July 18, and Friday, July 19, 2024.

She reiterated the CBN governor’s commitment to stabilising the foreign exchange market.

The governor also assured that the bank will continue to address the supply gap to ensure market stability.

Related Posts

Adron Homes
News

Adron Homes Refutes FIJ’s Misleading Report, Sets Record Straight

May 24, 2025
FIRS Chair
News

FIRS Chair Applauded By Commonwealth Tax Administrators For Global Impact

May 23, 2025
Slain WAEC Student
News

Key Witness Testimony Delays Full Report On Slain WAEC Student – Police

May 23, 2025
Insurance Fraud
Metro/Crime

Nigerian Jailed In US For $1 Million Insurance Fraud

May 23, 2025
Senator Natasha Akpoti
Metro/Crime

Whistleblower Who Alleged He Was Paid To Defame Senator Natasha Akpoti Arrested

May 23, 2025
US
Metro/Crime

US Executes Man By Lethal Injection For Killing Wife, Her Children

May 22, 2025
Next Post
Windfall Tax

Govt Must Use Windfall Tax Revenue For Critical Infrastructure Projects - OAU Don

GPBN Associates Member

Fidelity Bank

Zenith Bank

London Business School

Dr. Nneka Onyeali-Ikpe Champions Transformational Leadership At London Business School Women’s Day Forum

May 24, 2025
Fidelity Bank

NGX Confirms No Insider Trading Was Done By MD/CEO Of Fidelity Bank PLC 

May 24, 2025
Adron Homes

Adron Homes Refutes FIJ’s Misleading Report, Sets Record Straight

May 24, 2025
Anupama Teasers June 2025

Star Life: Anupama Teasers June 2025

May 24, 2025
FIRS Chair

FIRS Chair Applauded By Commonwealth Tax Administrators For Global Impact

May 23, 2025
Fidelity Bank

Fidelity Drives NGX Early Rally As Investors Swoop On Bank Stocks 

May 23, 2025
2027

2027: I Have No Presidential Ambition – Yahaya Bello

May 23, 2025
Slain WAEC Student

Key Witness Testimony Delays Full Report On Slain WAEC Student – Police

May 23, 2025
Insurance Fraud

Nigerian Jailed In US For $1 Million Insurance Fraud

May 23, 2025
Senator Natasha Akpoti

Whistleblower Who Alleged He Was Paid To Defame Senator Natasha Akpoti Arrested

May 23, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush