March 13, 2017/Reuters By Hideyuki Sano | TOKYO Asian shares rose on Monday, taking their cue from gains on Wall Street after strong U.S. job data, though the mood was cautious as oil prices plunged to 3 1/2-month lows on fresh worries of oversupply. A confluence of major events this […]
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Nigeria central bank governor defends policy of limiting imports
12/3/2017/Reuters Hard currency curbs imposed by Nigeria’s central bank have helped boost local food production, central bank governor Godwin Emefiele was quoted as saying by two newspapers on Sunday. Entrepreneurs have criticized a halt to hard currency allocations by the central bank for the import of almost 700 goods to […]
CBN to inject more dollars into forex market
March 13, 2017/Punch Ifeanyi Onuba, Abuja The Central Bank of Nigeria will this week inject more dollars into the foreign exchange market as part of efforts to improve the level of liquidity in the interbank market. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, confirmed the plan to […]
