Money Market

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. […]

CBN Sells $25m in New FX Window as Dealers Fail to Subscribe Fully to CBN’s $150m Offer

Culled—Proshare April 26, 2017/CBN The Central Bank of Nigeria (CBN) on Tuesday, April 25, 2017, commenced interventions in the new Investors’ & Exporters’ FX Window with the sale of $25million to customers through authorized dealers. This was disclosed by the Bank’s spokesman, Isaac Okorafor, who reiterated that the window was […]