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Trending News: UK Parliamentarian advocates international cooperation against cybercrimeHaitian Woman Dies After 10 Weeks in ICE CustodyWanted: Blueprint For Nigeria’s Waste Management CrisisNGX transacts 733.05m shares worth N35.29bnSupreme Court Suspends Judge Accused of Harboring Illegal ImmigrantPDP moves to recover mandates from Gov. Oborevwori, other defectors in DeltaShettima reaffirms Nigeria’s commitment to strategic EU partnershipAgbakoba wants Natasha Akpoti-Uduaghan to withdraw sexual allegation against Senate PresidentNnamdi Kanu Admits Founding Radio Biafra, Denies Involvement in ViolenceChristian Group Raises Alarm Over Terror Attacks in Benue, PlateauArsenal Fans Vent Frustration at Referee During Champions League Clash with PSGRüdiger Hit with Six-Game Ban for Referee IncidentDembele Strike Stuns Arsenal as PSG Seize First-Leg Advantage in Champions League Semi-FinalCuban Mother Separated from 1-year-old Breastfeeding Baby During U.S. DeportationAtiku will soon leave PDP, says Okowa as he backs Tinubu for 2027Why we arrested E-Money -EFCC2025 AfroBasket: Nigeria’s Group Opponents to emerge May 9, as Luanda, Namibe Named Host CitiesNigeria National League Expels 1472 FCFlying Eagles Begin Quest for Eighth U20 AFCON Title Against Tunisia in CairoNigeri to Host King’s Baton Relay Ahead of Glasgow 2026 Commonwealth GamesHow EFCC arrested Aisha Achimugu at Abuja AirportAPC Awaits More Defections from PDP Governors, LawmakersNigerian-Born Ben Chukwuma Lands Major NFL Opportunity with Buccaneers11 Killed in Boko Haram IED Blast Near Nigeria-Cameroon BorderCourt dismisses Emefiele’s bid to reclaim forfeited estate in AbujaNigeria’s 1st quarter non-oil export values at $1.791bn -D-G NEPCSeplat grows revenue to N1.228trn in Q1, 2025NLNG initiates new empowerment scheme for host communitiesArsenal Set for High-Stakes Semi-Final Clash with Resurgent PSGDelta Governor Oborevwori Hints at Mass Defection from PDP to APCU.S. Farmers in Crisis Over Trump’s TariffsUS Navy Fighter Jet Worth $56m Slips  Overboard During Red Sea ManeuverGroup Backs Ambode’s Return as Lagos Governor in 2027Gusau Reaffirms Grassroots CommitmentCourt hands death sentence to Osinachi’s husbandERC Slams JAMB Over Insensitive Posting of UTME CandidatesFitch Upgrades Credit Ratings of Lagos, Kaduna, Kogi, Oyo, Citing Stronger Macroeconomic FundamentalsRemo Stars Make History with First-Ever NPFL Title VictoryDSS Arrests 54 Suspects, Recovers Huge Arms Cache in Kaduna and Delta OperationsIgnore calls to rejoin PDP, LP chieftain tells ObiFG Raises Alarm Over Rising Cyber Slavery Threat in West AfricaKano Emirate Crisis Deepens as Rival Emirs Appoint Two Different Galadiman KanoNDIC begins payment to Heritage Bank depositorsPolice storm kidnappers den in Delta, kill fiveGunmen Kill Over 10 in Deadly Attack in BenueUkrainians Reject Formal Surrender of Crimea in Response to Trump’s Peace ProposalVictor Osimhen Speaks on Reaching Goal Milestone in Gala 5-1 WinWhy Israel is Against Iran, Netanyahu RevealsSaudi Arabia Imposes Visa Ban on Nigeria, 13 others Ahead of Hajj 2025Usyk and Dubois Ready for Epic Heavyweight Battle at Wembley July 19NFF President Pays Tribute to Late NRA Leader, Otunba Tade AzeezNFF Celebrates Football Investor and Philanthropist Kunle Soname on 59th BirthdaySalah’s goal seals Liverpool’s 20th Premier League titleOnogagamue urges Stakeholders to Review Eligibility Rules Ahead of Second Niger Delta Sports FestivalCopa del Rey Final: Rüdiger Apologises to RefereeKamaru Usman Eyes Return Against Joaquin Buckley at UFC AtlantaPanam Percy Paul Urges Youths to Shun Internet Fraud, Embrace Hard WorkTroops arrest wanted bandit, fake Army Major in TarabaBenn Wants WBC Title Shot After Loss to Eubank JrBarcelona Triumphs Over Real Madrid in Clásico Thriller Despite Referee ComplaintsMessi, Suárez Miss Training After Champions Cup DefeatUK Deports 43 Nigerians in Latest Crackdown on ImmigrationWike Orders Crackdown on Unregistered Hospitals After Pregnant Woman’s Death in Abuja231 Nigerian Trafficking Victims Rescued from Ghana, Repatriated HomeBode George Urges Fubara to Stay in PDP Amid Rising Defection SpeculationsAPC will beat Gov. Adeleke with ease in next election if…Hon Rotimi MakindeUPDATED: Rivers PDP Lawmakers Back Tinubu’s 2027 Re-Election BidWhat Zelensky told Trump about Russia at St Peter’s BasilicaJonathan Nnaji Elected First Vice President of African Taekwondo UnionWorld Leaders, Mourners Fill St. Peter’s Square for Funeral of Pope FrancisTwelve Abducted on Calabar-Oron Waterway as Gunmen Strike on High SeaJAMB delists 4 centres, arrests 27 impersonators in ongoing UTMERivers Crisis: Ibas Seeks More Time to Brief House Committee Amid Fragile CalmChina Denies Trade Talks With TrumpWorld Leaders: Trump, Guterres, Zelensky, King Felipe VI, Lula, others for Pope Francis’ funeralNBBF Sets Stage for D’Tigress’ Title Defence at 2025 AfrobasketUsyk, Dubois Rematch Reportedly Set for Wembley in JulyPeter Igho Applauds Danfodiyo Varsity FM on First AnniversaryJigawa Sports Administration Course Postponed Due to Aviation Sector StrikeJournalists Urged to Sustain Climate Change Coverage from Afrocentric PerspectiveNLC rebuts Minister Adelabu’s claim of adequate electricity supplyAPC Buying Over PDP Members with Money – Usman BugajeFG policies will make more Nigerians poor – World BankKidnapped Kaduna Catholic priest regains freedomFG lauds Ghana for rescuing 219 trafficked NigeriansGanduje Predicts More Defections as Oborevwori, Okowa, and NNPP Leaders Join APCKobe Bryant Rookie Jersey Sells for Record $7 Million at AuctionAir Peace to resume flight operations as NiMet workers suspend strikeNiMet unionists suspend strikeFootballer Jailed Over Fatal Collision With CyclistTrump Seeks Supreme Court Approval to Enforce Transgender Military BanEdo: Tom Ikimi urges unity in PDPCatholic Diocese Confirms Abduction of Priest in Southern KadunaLagos Govt Establishes Security, Safety Committees in Schools–Alli-BalogunFCTA Shuts Down Event Centre in Abuja Over Noise PollutionShettima Presides Over NEC Meeting as Rivers Sole Administrator, Delta Governor AttendTrump Condemns Russian Strikes on KyivFlamingos Poised for Eighth FIFA U17 Women’s World Cup Appearance as They Face Algeria in BlidaTrump Targets Higher Education with Sweeping Executive OrdersAl-Hilal Turn Attention to Victor Osimhen After Failed Salah Pursuit
Wed. Apr 30th, 2025

CBN sells $148m to authorised dealers

 

Abuja, July 27, 2024 (NAN) The Central Bank of Nigeria (CBN) says it sold a cumulative amount of 148 million dollars to authorised dealers in the Nigerian Foreign Exchange Market (NFEM).

According to Mrs Hakama Sidi-Ali, acting Director, Corporate Communications Department of the apex bank, the transactions were conducted on Monday and Tuesday to provide liquidity to the FX market.

Sidi-Ali, disclosed that the CBN sold FX to 29 authorised dealer banks at exchange rates between N1,470 to one dollar and N1,510 to one dollar.

Sidi-Ali reiterated the commitment of the CBN Governor, Yemi Cardoso, to stabilising the foreign exchange market.

According to her, Cardoso has assured that the CBN will continue to address the FX supply gap to ensure market stability.

The News Agency of Nigeria (NAN) recalls that the CBN also sold a total of 106.5 million dollars to 29 authorised dealer banks at rates between N1,498 and N1,530 to one dollar.(NAN)

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