June 14, 2016/CBN The Deputy Governor, Operations, Central Bank of Nigeria (CBN), Alhaji Suleiman Barau, has stressed the need to adopt measures to curb security breaches in the implementation of the Mobile Money Scheme (MMS) as well as strengthen the services of telecommunication companies in the country. Alhaji Barau stated […]
Money Market
Exclusive: CBN To Announce Details Of Flexible Foreign Exchange Policy Tomorrow
June 14, 2016/The Will Pending any last minute changes, the Central Bank of Nigeria (CBN) will this Wednesday unveil details of the much-anticipated flexible foreign exchange policy, THEWILL can exclusively report. THEWILL gathered from authoritative sources at the reserve bank that an announcement by Governor Godwin Emefiele will be made […]
Naira drops to 367/dollar over forex policy panic
June 14, 2016/Punch By Oyetunji Abioye Uncertainty over the Central Bank of Nigeria’s planned exchange rate policy has continued to rattle the foreign exchange market. The local currency dropped against the United States dollar from 365 to 367 at the parallel market on Monday. The naira, which has been under […]
