July 4, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday directed that all unutilised forex exchange (FX) be returned to it for the Wholesale Secondary Market Intervention Sales (SMIS) and retail interventions, according to a circular dated June 23, 2017 and signed by Dipo Fatokun, director, […]
Updates
Again, CBN Pumps $195m into FOREX Market
Culled—Proshare July 4, 2017/CBN The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, has injected the total sum of $195 million into various segments of the inter-bank foreign exchange market. A breakdown of figures released by the CBN […]
World Bank Says Private Sector Infrastructure Investment Commitments in Developing Countries Fell 37% in 2016
By Peter OBIORA InvestAdvocate Click here to download Private Participation in Infrastructure Data Base Lagos (INVESTADVOCATE)-The World Bank on Monday said investment commitments in infrastructure projects with private participation in developing countries which includes Nigeria declined sharply in 2016, falling by 37 percent compared to 2015, according to its latest […]
