Tag: Interbank market

Panic as CBN shuts down interbank market

by Godwin Akanfe The Central Bank of Nigeria has issued a circular which has effectively closed the interbank market. As at the morning of Friday, February 13, only one-way, zero…

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Interbank trading briefly suspended as Naira crashes to 206 against dollar

by Kolapo Olapoju Earlier today, trading was briefly suspended for the second day in a row at the Interbank market. The market hit its limit of N204.10, as naira nosedived…

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