Newsexpress place banner advert Yudala Triple Jara Offer
FOREX: CBN lifts supply with $180m…invisibles get $80m

By News Express on 21/03/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 205

•CBN Headquarters.
•CBN Headquarters.

The Central Bank of Nigeria (CBN) on Monday offered a total of $180 million to meet bids for wholesale auction and requests for invisibles such as medicals, school fees and personal travel allowances valued at $80 million, through the inter-bank window.

Confirming the figures, CBN Acting Director, Corporate Communications Department, Isaac Okorafor, said the wholesale requests would be settled today, Tuesday, March 21, 2017.

With the development, it is expected that the Naira will further strengthen in the foreign exchange market in the days to come.

While disclosing that the apex bank had so far met all the legitimate demands from genuine customers, Okorafor reiterated that the CBN would ensure sustainable forex liquidity and transparency in the process to enable as many customers as possible get access to the foreign exchange they genuinely demand.

He therefore advised eligible individuals with genuine foreign currency needs to freely approach their banks and authorised dealers with their request, stressing that the CBN had made adequate provisions of foreign currency for all such legitimate purposes.

Mr. Okorafor further advised legitimate customers to approach the CBN with their complaints should they be unfairly denied access.

 

Source News Express

Posted 20/03/2017 6:16:58 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
NEW PDP descends on JONATHAN over “RAPE OF...

FG unfolds plan to establish technology, innovation village...

Dokubo spits fire, berates critics of Alamieyesigha’s pardon...

Reconsider domiciliary account policy, Peter Obi advises CBN...

Shell links LiveWIRE beneficiaries to $.8m growth fund...

Ikpeazu’s aide appointed Secretary to Umuahia North LGA...

Remove immunity clause from the Constitution —Confab

RIGHTSView: MILITARY REPRESSION OF PRESS FREEDOM UNACCEPTABLE

Fuel scarcity looms as independent marketers in NUPENG...

Delta Election Tribunal receives 40 petitions

32,000 candidates to write UNILAG's Post-UTME

NIMASA DG seeks global maritime leadership for Nigeria...

 

Latest News State Governors storm Aso Rock for crucial meeting Port Harcourt Electric gives assurance of returning power to 4 states It will be a day of clouds and localised thunderstorms over the coastal cities: NiMET Buratai bags Brazilian highest military honours FG assures end to terrorism, farmers and herdsmen clashes Buhari not harassing Jonathan’s Family — Presidency Sen. Goje: IGP gets ultimatum to return NASS documents Yudala, a company to watch — Chris Uwaje Sokoto Guber Tussle: Tambuwal fails to stop court process against him Youths drown in Plateau well EFCC introduces anti-corruption course to universities Senate pledges provision of more vaccines in Nigerian hospitals

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (241,101 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (218,560 views) Shameless Genevieve Nnaji exposes breasts in public (181,323 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (163,699 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (154,936 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (135,884 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (118,807 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (116,921 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (104,700 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (101,555 views) Lagos plane crash: Journalist releases victims’ names (99,999 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (94,446 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,526) Business Verdict (15) Columnists (670) Complaints & Requests (86) Enterprise & Opportunities (146) Entertainment (308) Features (431) Global Business Monitor (146) International (1,351) Interviews (119) Live Commentary (28) Love Matters (52) News (23,736) Opinion (682) Pidgin (8) Politics (3,669) Religion (521) Sports (1,254) Stock Watch (18) AMA & Al Jazeera Global Update

 

 

CBN Advert

 

Certificate Controversy: Dino Melaye celebrates as Vice Chancellor confirms he graduated...

 

APO Newsbreak logo

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!