Portfolio investment inflow into Nigeria declined by 4.4 per cent from $6.82bn in the first quarter to $6.52bn in the second quarter of 2013, a new report by the Central Bank of Nigeria has shown. The report entitled, ‘Developments in the External Sector of the Nigeria Economy for the Second […]
Tag: Central Bank
Issuing houses, CBN to meet on market development
Issuing houses in the country will meet with the Central Bank of Nigeria and Asset Management Corporation of Nigeria in order to discuss the regulator’s policies affecting the capital market, our correspondent has learnt. The Vice-Chairman, Association of Issuing Houses of Nigeria, Mr. Victor Ogiemwonyi, gave our correspondent the hint […]
External reserves may drop to $44bn – Analysts
The nation’s external reserves, which have been falling in the last few weeks, may drop to $44bn any time from now, financial analysts say. Two weeks ago, the foreign reserves fell to the $45bn mark, after hovering between the $46bn and $48bn marks for several months, according to data posted […]
