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Showing posts with the label 2017 at 10:41PM

CBN injects $153.5m as Naira depreciates to N366/$

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http://ift.tt/eA8V8J By Babajide Komolafe The Central Bank of Nigeria (CBN) Monday injected $153.5 million into the interbank foreign exchange market. CBN’s Acting Director of Corporate Communications, Mr. Isaac Okorafor disclosed this in a statement. He said: “The CBN offered the sum of $100 million to dealers in the wholesale window, while the Small and Medium Enterprises (SMEs) window was allocated a total of $28 million. The invisibles segment was allocated the sum of $25.5 million to meet the needs of those requiring forex for Business/Personal Travel Allowances, school tuition, medicals, etc. He also disclosed that: “The bank also Monday released the figures for the auction sales in the retail window last week, totalling $260million.” However, the Naira yesterday depreciated to N366 per dollar at the parallel market. Vanguard survey revealed that the parallel market exchange rate which closed N363 per dollar on Friday rose to N366 per dollar at the close of business yester...

CBN injects $153.5m as Naira depreciates to N366/$

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http://ift.tt/eA8V8J By Babajide Komolafe The Central Bank of Nigeria (CBN) Monday injected $153.5 million into the interbank foreign exchange market. CBN’s Acting Director of Corporate Communications, Mr. Isaac Okorafor disclosed this in a statement. He said: “The CBN offered the sum of $100 million to dealers in the wholesale window, while the Small and Medium Enterprises (SMEs) window was allocated a total of $28 million. The invisibles segment was allocated the sum of $25.5 million to meet the needs of those requiring forex for Business/Personal Travel Allowances, school tuition, medicals, etc. He also disclosed that: “The bank also Monday released the figures for the auction sales in the retail window last week, totalling $260million.” However, the Naira yesterday depreciated to N366 per dollar at the parallel market. Vanguard survey revealed that the parallel market exchange rate which closed N363 per dollar on Friday rose to N366 per dollar at the close of business yester...

Vogue Eyewear out with new campaign

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http://ift.tt/eA8V8J VOGUE Eyewear reveals its new communication campaign and shows the world what it really stands for. Launching internationally, ‘#ShowYourVogue’ speaks to the young and curious women of the world who are firmly convinced that beauty goes further than just physical appearance. With ‘#ShowYourVogue,’ Vogue Eyewear says it wants to underline the beauty the eyewear sees in all women throughout the world. A statement from the campaign team said: “A new move for the eyewear brand that aims to champion a more personal definition of beauty and the unique traits that make women interesting to the world around them, assuming the role of a smarter coach for a smarter generation of women to empower them with the confidence they need to be themselves. “The message is bold but the campaign is totally light-hearted, colorful and truly reflects the essence of Vogue Eyewear. In order to bring to live this new communication campaign in Nigeria, Vogue Eyewear in collaboration with ...

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