Analysts disagree with IMF on naira vulnerability

Say dollar loan will increase foreign reserves   As the Federal Government commenced move on Friday to issue $5.5 billion fresh Eurobond in a move to rebalance government debt in favour of more foreign borrowing, the Minister of Finance, Ms Kemi Adeosun and other experts have said that rather the prediction by the International Monetary […]

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CBN News offers toda SSC CGL Post Preference List of Post, Central … cbn nic in 2017 18 August 2017” is locked Dollar to Naira black market rate …

Time To Curb Missing Links In Agric Financing – Gistmaster

Sam Diala examines the gains recorded in Nigeria’s several Agric financing initiatives and underscores the need to address the key challenges plaguing the system to ensure that the desired objectives are achieved. Agricultural financing has been a focal point in the development agenda of the Nigerian government. The measure took accelerated dimension in the 70’s […]

CBN, Kenya to hold rates next week –Reuters

Nigeria and Kenya will both leave monetary policy unchanged next week, a Reuters poll forecast, as inflation in Nigeria is not yet tame enough while an interest rate cap in Kenya limits policymakers’ room for manoeuvre.All 15 analysts polled this week said rates would be held at 14.0 per cent in Nigeria and 10.0 per […]

Oil market rebalancing on track, deal extension a possibility – Punch Newspapers

What shaped the past week? Global Markets:    Global markets were mixed this week, with investors focused on corporate earnings, down trending commodity prices and economic data. U.S. markets opened the week strong, with the Dow closing higher on news of M&A activity across select large cap stocks. However, the market retreated shortly after, as energy […] | 520: Web server is returning an unknown error

What happened? There is an unknown connection issue between Cloudflare and the origin web server. As a result, the web page can not be displayed. What can I do? If you are a visitor of this website: Please try again in a few minutes. If you are the owner of this website: There is an […]

Short-Term Outlook Favours Monetary Policy Easing

Friday, November 17, 2017/ 3:40 PM /FSDH The short-term outlook of the Nigerian economy favours a monetary policy easing. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) may either reduce the Monetary Policy Rate (MPR) by a few basis points or adjust the rates around the asymmetric corridor of the MPR at […]

Naira appreciates with N1.14k to dollar

Meanwhile, the Central Bank of Nigeria, CBN, has continued its sustenance of foreign exchange liquidity by injecting another $195m into the inter-bank foreign exchange market, even as the naira maintains its strength. Figures released by the bank showed that it offered the sum of $100m to the wholesale segment, while the Small and Medium Enterprises […]

Financial experts task CBN to stabilise Forex market – Similar News

Inflation rate: Financial experts task CBN to stabilise Forex market – Similar News … CBN’s injection of $195m into forex market strengthens naira.

Dollar to Naira black market rate today Thursday, 16th November 2017

Dollar to Naira black market rate today Thursday, 16th November 2017  Naira drops against Dollars, others This comes as the CBN assured Nigerians that the Naira would never trade at 500/$ the message was conveyed by Its Deputy Governor in charge of Financial System Stability, Dr. Joseph Nnanna, he gave the assurance on Saturday in Lagos after […]

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Puzzles about Monetary Policy in Nigeria. The supply of finance to various sectors of the economy will look the growth of the economy in a holistic manner and this, will make development, welfare improvement to proceed at a faster rate. The Nigerian Payments System witnessed remarkable achievements in the forex com pkr usd past, with […]

Economist urges FG to reduce interest rates to 12%

An Economist, Dr Bongo Adi, has advised the Federal Government to reduce interest rates from 14 per cent to 12 per cent, to stimulate growth in the real sector.Adi, a Senior Lecturer at the Lagos Business School (LBS), made the plea in an interview with journalists in Lagos on Thursday.He said that government was no […]

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Banks To Resume Dollar Loans As Naira Appreciates. The Central Bank of Nigeria, CBN, has said that it would assist the Dangote Group to access foreign exchange to facilitate its $14 billion refinery project The Nation November 26, 2014 by The Nation – issuu. Issuu is a digital publishing platform that makes it simple to […]

Dollar to Naira black market rate today Wednesday, 15th November 2017

Dollar to Naira black market rate today Wednesday, 15th November 2017  Naira stays strong against Dollars, others Dollar to Naira black market rate today Wednesday, 15th November 2017 is N360/N363.  The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during the course of the year. Earlier in […]