October 13, 2023/Cordros Report In a circular dated 12 October, the CBN highlighted six measures, restating its commitment to boost liquidity in the Nigerian Foreign Exchange Market (NFEM). While most of these highlights are the CBN’s restatement of commitments to previous communications, the most significant highlight for us is the […]
OPINION/EDITORIAL
Ban on 43 items lifted; Rational move but still more like clearing the cobwebs
October 13, 2023/CSL Research According to a new communiqué issued by the Central Bank of Nigeria (CBN), importers of all 43 items previously barred from obtaining foreign cash through official channels are now permitted to purchase foreign exchange in the Nigerian foreign exchange market. The CBN also stated that it […]
Global Sovereign Debt Roundtable-Cochairs Progress Report
October 12, 2023/IMF The Global Sovereign Debt Roundtable (GSDR) met today and reviewed progress in reaching common understanding on ways to address key impediments to efficient debt restructuring, and discussed the priority areas for the work going forward. At the end of the meeting, the International Monetary Fund Managing Director […]
