The Nigerian Inter-bank foreign exchange market received another boost of 210 million dollars from the Central Bank of Nigeria (CBN) after transactions on Tuesday, July 23. Isaac Okorafor, the CBN Director, Corporate Communications Department, said this in a statement in Abuja on Wednesday…..July 24, 2019
Capital market can provide funds to bridge N3 trn infrastructure gap — United Capital MD
Managing Director, MD, Investment Banking at the United Capital Plc, Babatunde Obaniyi, in this interview speaks on fund raising from Nigerian capital market to finance infrastructure deficits, mergers and acquisitions to meet capital requirements of corporate entities, apathy for equities, need for diversification to fixed income instruments, power sector challenges, among other issues….July 22, 2019
CBN denies banning milk importation, insists on Forex restriction
The Central Bank of Nigeria (CBN) on Friday vigorously explained its planned restriction of foreign exchange (FOREX) allocation for the importation of milk into the country in the midst of a public outcry by some interest groups. The CBN said ”there is neither a plan nor a decision to ban the importation of milk into […]