Nigeria investors cautious ahead of next week’s bonds PMA
02 February 2019 | 5:41 am
The Central Bank of Nigeria conducted OMO auctions every day this week. Olawale Hamed, Currency Trader at UBA joins CNBC Africa to review activities in Nigeria’s fixed income and forex market this week.
In this article
26 Apr 2017
In a move to stabilise Nigeria's currency markets, the Central Bank of Nigeria recently launched a special foreign exchange window for small and medium enterprises in the country.
28 Apr 2017
The Central Bank of Nigeria says its multiple exchange rate systems has eliminated frivolous demand in the system. Babatunde Adama, Head of Trading at Citi Nigeria joins CNBC Africa to review the fixed income and forex Markets.
8 May 2017
The NSE All-Share Index was up 1.8 percent last week. Meanwhile, the Central Bank of Nigeria says it would sustain its foreign exchange intervention into various segments of the markets.
9 May 2017
The Central Bank of Nigeria continued its drive to improve liquidity in the FX market, offering $81.2 million dollars for requests ranging from school fees to small and medium sized enterprises.
24 May 2017
The central bank of Nigeria sold an undisclosed amount of dollars today to settle a backlog of foreign exchange demand for airlines, fuel and raw material imports.
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Nigeria's importers and exporters foreign exchange window introduced by the Central Bank of Nigeria about four months ago has attracted four billion dollars from foreign investors since April.
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Members of Nigeria's Bankers’ Committee have removed commissions charged on retail foreign exchange transactions.
18 May 2018
As players in Nigeria's fixed income space await the results of today's primary market auction, the Central Bank of Nigeria boosted liquidity in the foreign exchange space with the sale of 210 million dollars.
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The Central Bank of Nigeria says changes effected in the revised Foreign Exchange Manual will take effect today, as the apex bank moves to enhance transparency of transactions and streamline documentation requirements for FX transactions.
3 Nov 2018
The Senate has criticised the Federal Government for its alleged refusal to pay oil subsidy claims by petroleum products’ marketers.
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Nigeria's FX reserves rose by 6.4 million dollars to 43.05 billion naira between the 17th of December to the 9th of January; Deinma Iyagba, Currency trader at UBA joins CNBC Africa to recap activities at the fixed income and FX markets this week.
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