Culled—-Proshare August 2, 2017/FBNQuest Research The net fx flows through the CBN were negative by US$760m in May but positive over the 12-month period to the tune of US$5.12bn. Inflows through the CBN, which consist of monies from the oil economy and the non-oil public sector, declined from US$2.87bn to […]
Money Market
Access Bank Assures African Businesses of Global Services Support
Culled—Proshare August 1, 2017/Access Bank Access Bank Plc has assured African businesses and entrepreneurs of its readiness to fill in the gap created by the big global banks in service rendition to Africa. Group Managing Director/CEO of Access Bank Plc, Mr. Herbert Wigwe disclosed this speaking to a high level […]
CBN Opens Week With $195m Intervention
Culled—Proshare August 1, 2017/CBN The Central Bank of Nigeria (CBN) on Monday, July 31, 2017, offered $100 million in wholesale auction at the inter-bank Foreign Exchange market and intervened in the Small and Medium Enterprises (SMEs) and invisible segments, with the sum of $50 million and $45 million, respectively. Confirming […]
