Money Market

CBN Offers $100m in Wholesale Forwards

Culled–Proshare 27/4/2017/CBN Buoyed by the impact of its interventions and stability in the foreign exchange market, the Central Bank of Nigeria (CBN) on Thursday, April 27, 2017 offered the sum of $100 million to authorized dealers to meet the requests of wholesale customers at the forex auction in the interbank […]

FirstBank Sustainability Centre Hosts SME Conference to Drive Made in Nigeria Goods

April 26, 2017/First Bank of Nigeria Ltd First Bank of Nigeria Limited, through one of its Sustainability initiatives, the FirstBank Sustainability Centre in partnership with the Lagos Business School is hosting the 2017 SME Conference to drive creativity, innovation and productivity among local manufacturers in Nigeria. Small and Medium Scale […]

More, Not Fewer Exchange Rates

Culled—Proshare April 26, 2017/FBNQuest Research The IMF called for an end to multiple currency practices (MCP) in Nigeria in its recent 2017 Article IV consultation with the FGN. Now a former governor of the CBN, Charles Soludo, has made the same call in an economic debate in Lagos on Monday. […]