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archiveMarch 20, 2017

ECONOMYTOP STORY

Adeosun clarifies Paris Club refunds

The Minister of Finance, Mrs Kemi Adeosun has deemed it necessary to address the issue of Paris Club Refunds and wishes to assure the public that the Federal Government has consistently complied with all extant rules and regulations in the disbursement of the Paris Club refunds to State Governments. The...
MARKETSMONEY MARKETTOP STORY

FOREX: CBN lifts supply with $143m

The Central Bank of Nigeria (CBN) on Monday offered a total of $143 million to meet bids forwards, which includes requests for invisibles such as medicals, school fees and personal travel allowances valued at $43 million, through the inter-bank window. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor...
MONEY MARKETTOP STORY

MPC may leave rates unchanged

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meets on Monday and Tuesday experts expect the Committee not to change the key rates at the end of the meeting. In its January meeting, it retained the Monetary Policy Rate (benchmark interest rate), Cash Reserves Ratio...
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