Soludo said this at an economic talk shop, organised by the Vanguard newspapers
Browsing: Central Bank of Nigeria
Uwaleke, who is an Associate Professor and Head, Banking and Finance Department, Nasarawa State University, Keffi, gave the advice in an interview with the News Agency of Nigeria in Abuja on Thursday
The Director of Public Affairs of the NCC, Tony Ojobo, said this in a statement issued in Abuja
Currency traders expressed optimism that liquidity boost in the market would help to shore up the Naira rate
It was gathered that the market experienced upsurge in demand for dollars on Wednesday for end-users travelling to China for import business
Aziegbemi said this on Wednesday in Abuja at a roundtable on: “Way out of Recession.”
The director made this known to newsmen in Abuja on Tuesday
The Deputy Governor of the state, Agboola Ajayi, who is the Chairman of the committee, conducted its inaugural meeting on Tuesday in Akure
The News Agency of Nigeria reports that the Naira traded at N460 to a dollar, after speculators had forced it 3 points down amid liquidity boost on Friday
In a circular made available to journalists on Sunday in Abuja, the Director, Financial Markets Department of the CBN, Dr. Alvan Ikoku, said the order would further make foreign currencies readily available to end users
The CBN injected over $500 million into the market to boost liquidity
The state RIFAN Chairman, Alhaji Abubakar Aliyu, made the accusation in an interview with the News Agency of Nigeria in Kano on Friday
Already, there is heightened fears among traders and other market participants who are yet to recover from the losses of the last two weeks owing to sharp and sudden appreciation of the Naira
This was disclosed on Thursday during the NDIC day at the 38th Kaduna International Trade Fair by the corporation’s the Managing Director, Alhaji Umaru Ibrahim
The acting Director, Corporate Communications of the CBN, Isaac Okoroafor, on Thursday in Sokoto refuted the claim that the allegations by Babatunde Gbadamosi on the illegal sales of foreign currencies at ridiculous rates was responsible for the change in forex policy
The Minister of Works, Power and Housing, Babatunde Fashola, who announced this to State House Correspondents, said the CBN would hold N701 billion for regular payment for power generated onto the national grid
This was sequel to an unanimous adoption of a motion by Rep. Femi Fayeke (Osun-APC) at the plenary in Abuja on Wednesday
Traders at the market urged the CBN to sustain the gains of the new policy by boosting liquidity at the market.
The Federal Government with effect from January 1, 2017 placed a ban on importation of used and new vehicles through the land borders
But now, a new concern seems to have emerged: can this new Naira virility be sustained? The first response to this is predicated on keeping the peace in the Niger Delta