Feb 13, 2016/Reuters Nigeria’s overnight interbank lending rate eased to an average of 0.75 percent on Friday from around 3 percent midweek after the central bank let cash flow into the market from matured treasury bills, traders said. The central bank injected around 234 billion naira ($1.2 billion) in matured […]
Tag: Central Bank of Nigeria
Authoritative: CBN Has Not Stopped Forex For Medicals, School Fees
February 13, 2016/The Will A Seniour officer at the Central Bank of Nigeria (CBN) has authoritatively denied news reports suggesting that the bank had given approval for an end to forex sales for foreign medicals and school fees. The officer, who spoke exclusively to THEWILL, disclosed that the issue was […]
We’ll Continue to Meet Matured Financial Obligations – Gov. Emefiele
February 12, 2016/CBN The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele CON, has promised that Nigeria will continue to meet matured financial obligations to foreign investors and her international trading partners. Mr. Emefiele disclosed this during a meeting with members of the German Business Delegation at the CBN […]
