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Capital market

CBN injects $284.2m, CNY36m into retail secondary market

The Central Bank of Nigeria (CBN) has injected 284.2 million dollars in the retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja. Okorafor said the move was the latest round of mediation in the inter-bank foreign …

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Economy still fragile-MAN

The Manufacturers Association of Nigeria told President Muhammadu Buhari on Wednesday that the country’s economy remained “fragile”, much as it appreciated his commitment to perform better in his second term in office. “It is clear that our economy is still fragile,” the President of MAN, Mansur Ahmed, said when the …

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