April 3, 2017/Reuters South Africa’s rand and government bonds started the week on the back foot as political uncertainty weighed on sentiment after last week’s cabinet reshuffle that saw changes at the Treasury. (Reporting by Olivia Kumwenda-Mtambo; Editing by Tom Heneghan)
Money Market
Reform CBN now, Proshare CEO tells FG
3/4/2017/Punch The Chief Executive Officer, Proshare Nigeria, Mr. Femi Awoyemi, says there is the need to reform the Central Bank of Nigeria to ensure it is in good position to respond to the challenges of economic management. According to Awoyemi, the current structure of the apex bank makes it function […]
CBN moves to boost naira, injects more dollars
3/4/2017/Punch Oyetunji Abioye Barely three days after the naira weakened against the United States dollar, the Central Bank of Nigeria is set to boost the local unit with the injection of more dollars into the foreign exchange market this week. The CBN, it was learnt, was planning to increase dollar […]

