Tag: Godwin Emefiele
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Naira Trades at N436 at Investors FX Window
The Nigerian local currency, the Naira, appreciated slightly against the United States dollar at the Investors and Exporters window on Monday as it exchanged at N436 as the foreign reserves tracked lower further for third weeks.
External Reserves Dip Ahead of CBN $1.7bn FX Backlog Payment
Ahead of a scheduled $1.7 billion foreign currencies (FX) backlog payment, Nigeria has seen its external reserves drooping for the third week amidst a sustained decline in the foreign receipts from crude oil exports.
Spot Rate on 364-Day T-Bills Rises to 10%
Spot rates across Nigerian Treasury bills tenored inched up strongly at the Central Bank of Nigeria (CBN) primary market auction on the back of inflation rate pressures.
Emefiele Shows Preference for Policies that Boost Domestic Supply Capacity
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) emphasized the need to bolster domestic supply while noting that inflation inertia may reverse as supply network improves.
MPC: FSDH, GTI anticipate 0.5% cut in money pricing rate
MPC: FSDH, GTI anticipate 0.5% cut in money pricing rate
