Investor & Exporter forex window has exceeded expectations — CBN
THE Central Bank of Nigeria, CBN, has indicated that the performance of the Investor and Exporter (I&E) foreign exchange window has exceeded the expectations it had when the window was introduced in April, 2017.
CBN injects $195m into FX market
The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain the foreign exchange liquidity in the country, Tuesday, intervened in the inter-bank Foreign Exchange Market to the tune of $195million
Expert supports CBN’s decision to retain monetary policy rate
An economic expert, Uche Uwaleke, has expressed support for the continued decision by the Central Bank of Nigeria to retain the country’s Monetary Policy Rate (MPR).
CBN should relax stringent measures on N220bn MSME Fund — Chairman Aguda Titun MfB
Loan repayment in Nigeria is an institutional problem. The way people come to take loan is different from when you are asking them for the repayment. We understand that economic recession has made things more difficult but our attitudes are bad towards repayment.
CBN sustains Forex supply
The Central Bank of Nigeria (CBN) has continued to sustain liquidity in the foreign exchange market, as it boosted the market yesterday with $308.5m.
Naira depreciates to 360/$ in NAFEX as CBN plans to sell N130.4b T-bills
The naira, yesterday, depreciated to N360 per dollar in the Nigerian Autonomous Foreign Exchange, NAFEX, just as the Central Bank of Nigeria, CBN plans to sell N130.4 billion treasury bills next month.
