By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF), has reiterated continuous recession in Euro Area. This is coming on the heels of the conclusion of the Group of 20 Finance Ministers and Central Bank Governors meeting in Moscow. According […]
World News
Nigeria Reports US$47.88 billion Total External Reserves in Q1 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has reported US$47.88 billion total external reserves in the first quarter of 2013. The CBN in its external sector statistics monitor Q1 2013 reported that the level of external reserves as at end-March, 2013 stood at US$47.88 billion compared […]
CBN offers $300m for sale at forex market
The Central Bank of Nigeria on Wednesday offered $300m for sale at the foreign exchange market, as part of its weekly move to intervene in the market. According to a circular dated July 10, 2013, a copy of which was posted on the apex bank’s website, authorised dealers were invited […]
