In a statement on Tuesday in Abuja, he said 100 million dollars was allotted to authorised dealers in the wholesale segment of the market, while the Small and Medium Enterprises segment got 55 million dollars.
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The acting Director, Corporate Communications, CBN, Isaac Okorafor in a statement in Abuja, said the bank offered 100 million dollars to authorised dealers in the wholesale segment of the market.
Nnamdi Okonkwo, the bank’s Managing Director, stated this at the 250th edition of the Fidelity Bank SMEs programme in Lagos on Tuesday.
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.
Osinbajo made the commitment during the opening session of a two-day conference on National MSMEs Clinic in Onitsha, Anambra.
A breakdown of the Bank’s latest round of intervention indicated that the CBN offered the sum of $100 million to dealers in the wholesale window, while those in the Small and Medium Enterprises window received an allocation of $55 million.
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.
Elumelu said this at the Lagos Business School Alumni Association “2017 Alumni Day” in Lagos, with the theme: “The Effects of Multiple Government Regulations and Taxation on Business Growth in Nigeria.”
Figures released by the Bank show that it offered $100 million to the Wholesale segment, while the Small and Medium Enterprises segment received $50 million.
The Acting Director General of NAFDAC, Ademola Mogbojuri, disclosed this at a stakeholders consultative meeting on “ease of doing business in Nigeria”, organised by the agency in Abuja.
The Bank’s Acting Director in charge of Corporate Communications, Isaac Okorafor, who disclosed this, reiterated that the interventions had ensured stability in the market, even as he stressed that the CBN remained committed to maintaining transparency in the market
Figures released by the Bank show that it offered the total sum of $100 million to the wholesale segment, while the Small and Medium Enterprises segment received the sum of $50 million.
The Chief Technical Adviser, Investment Promotion Division, United Nations Industrial Development Organisation,
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A breakdown of the intervention revealed that the Bank offered $100 million to authorized dealers interbank wholesale window, while it allocated $50 million to the Small and Medium Enterprises window
This position was stated by the Acting Managing Director of the bank, Hafiz Bakare
It will be recalled that the CBN on Friday sold $389 million to authorized dealers in the retail sector of the market as spot and forwards
Sources at the CBN disclosed that the financial regulator took the decision to bar the erring banks based on field reports, which revealed that only eight banks had sold forex to the SMEs segment since the inception of the new window
The Bank’s spokesman, Isaac Okorafor, confirmed the offer and sales on Monday, disclosing that the forwards sales would be concluded in the days to come
Also on Tuesday, the CBN released its results of seven to 30 days forwards wholesale of $100 million, even as authorized dealers subscribed fully to the $100 million offered by the CBN at the forex auction in the interbank wholesale window on Monday