CBN orders banks to apply I&E rates to PAPSS Transactions
The Central Bank of Nigeria, CBN, has ordered banks to apply exchange rates in the Investors and Exporters (I&E) window ...
The Central Bank of Nigeria, CBN, has ordered banks to apply exchange rates in the Investors and Exporters (I&E) window ...
Forex traders are wondering what next from the CBN.
Exchange rate faced significant pressure due to declining external reserves and falling crude oil prices.
A cursory look at data from FMDQ shows that the turnover for the day witnessed significant drop.
The performance of the naira at the I&E window, however, seems to contrast with that at the parallel market where ...
According to Moody’s Investors Services, the depreciation in Naira will put a strain on the assets of Nigerian banks struggling to ...
Following the success of the Investors and Exporters (I&E) window in the past year, during which about $45 billion was ...