Money Market

Naira Appreciates 0.09% to N360.78 in Investors and Exporters Window

June 5, 2018 By  InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Tuesday appreciated by 0.09 percent to N360.78 in the Investors and Exporters Window (IEW) and climbed up 0.28 percent to N362.78 in the parallel market, according to Cordros daily market update. “That was amidst the announced approval by the Central Bank […]

Forex: CBN Okays Wider Margin for BDCs

  …Offers $100m to wholesale segment; …Invisibles, SMEs windows get $55 m each  Culled—Proshare 4/6/2018/CBN The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC) in the country.  Consequently, BDC operators are now to buy the United […]

CBN Publishes Annual Activity Report for 2017

1/6/2018/CBN This Financial Markets Department 2017 Annual Activity Report is the eighth in the series. It seeks to inform the public on the measures taken by the Department to implement the decisions of the CBN and its Monetary Policy Committee towards the achievement of price and financial system stability. The […]