NIGERIA:AGAIN, CENTRAL BANK INTERVENES WITH FRESH $343 MILLION

[This Day] The Central Bank of Nigeria (CBN) has again intervened in the retail Secondary Market Intervention Sales (SMIS) to the tune of $343.06 million.

AllAfrica.com (Date:06/15/2018 06:08) Read full article >>

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Nigeria: in Africain the African Union
- Nigeria Wikipedia
Intervention:
Market: A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buye
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Central Bank: A central bank, reserve bank, or monetary authority is a public institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a