April 1, 2017/CBN Information reaching the Central Bank of Nigeria (CBN) reveals that some customers seeking to buy forex for BTA, PTA, medical and school fees are being frustrated by some banks with the false claim that the CBN is not allocating enough forex to them for BTA, PTA, Tuition […]
Money Market
NSE Joins More than 960 Organisations in Over 130 Countries to Celebrate 2017 Global Money Week
31/3/2017/NSE The Nigerian Stock Exchange (NSE) joined more than 960 organisations in over 130 countries to celebrate the 2017 Global Money Week themed “Learn. Save. Earn” between 27th and 31st of March, 2017. The Global Money Week is an annual global celebration, initiated by Child & Youth Finance International (CYFI), […]
IMF Cautions Nigeria against Policy Prioritizing Exchange Rate Stability
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global financial institution, the International Monetary Fund (IMF) on Thursday cautioned the Nigerian authorities against continued policy prioritizing exchange rate stability. “A continued policy of prioritizing exchange rate stability would lead to an increasingly overvalued exchange rate, leading to deterioration in the non-oil trade balance […]
