Browsing: Isaac Okorafor

CBN’s acting Director, Corporate Communications, Isaac Okorafor, made this known in an interview with the News Agency of Nigeria on Sunday in Abuja.

A statement from the Bank’s Acting Director, Corporate Communications Department, Isaac Okorafor, confirming the figures, indicated that the sum, as in previous interventions, were in favour of interests in the agricultural, airlines, petroleum products, raw materials and machinery sectors.

The acting Director, Corporate Communications, Isaac Okorafor, in a statement in Abuja, said the CBN allocated 100 million dollars to dealers in the wholesale sector.

The figures released by the Bank in Abuja indicate that it allocated the sum of $100 million to dealers in the wholesale sector, just as the Small and Medium Enterprises segment and invisibles each received the sum of $55 million.

Okorafor said in a statement that the apex bank offered 100 million dollars to authorised dealers in the wholesale segment of the market.

The acting Director, Corporate Communications, CBN, Isaac Okorafor, in a statement said the apex bank offered 100 million dollars to authorised dealers in the wholesale segment of the market.

He clarified: “The CBN maintains a total security system that triggers safety alarms in the presence of smoke and so all fire engines and personnel received the alert only to discover that it was an unusual pall of exhaust.

The denial was contained in a statement by the Acting Director of Corporate Communications of the bank, Isaac Okorafor.

Confirming the figures, the Bank’s Acting Director, Corporate Communications Department, Isaac Okorafor, said interventions by the CBN in both the retail and wholesale sectors of the forex market were targeted primarily at ensuring liquidity in the market as well as encouraging production and trade, particularly now that the focus was on the promotion of local content.

A statement by Isaac Okorafor, Acting Director, Corporate Communications Department, in Abuja on Wednesday, said the intervention was to enable market operators meet the requests of customers.

Figures obtained from the Bank on Tuesday indicated that the Wholesale sector of the market got a boost of $100 million, while the Small and Medium Enterprises and invisibles sectors were each offered $55 million.

The Acting Director, Corporate Communications Department, CBN, Isaac Okoroafor in a statement on Friday, said the continued interventions were in line with CBN’s pledge to sustain market liquidity in order to boost production and trade.

Figures obtained from the Central Bank of Nigeria at the weekend indicated that the reserves grew by about $3.2 billion between February and March 2018

Figures obtained from the CBN on Friday revealed that the injection was to meet requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors.

According to figures released by the Bank, the CBN offered $100 million to authorized dealers in the wholesale segment of the market, while the Small and Medium Scale Enterprises segment received the sum of $55 million.

Figures obtained from the Bank on Friday indicated that the amount released was for requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors

The Bank’s Acting Director, Corporate Communications Department, Isaac Okorafor in a statement on Monday in Abuja, said that 100 million dollars was offered to authorised dealers in the wholesale segment of the market.

The Acting-Director, Corporate Communications Department, CBN, Isaac Okorafor, confirmed the figure on Wednesday in Abuja during a media briefing on the implementation of the programme.

The CBN acting Director, Corporate Communications, Isaac Okorafor, said 100 million dollars was sold to authorised dealers in the wholesale segment of the market.

Figures obtained from the Bank on Friday indicate that the amount released was for requests in the agricultural, airlines, petroleum products and raw materials and machinery sectors