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Tag: financial crisis

Emefiele: Nigeria’s FX Policy Targeted At Preserving Naira Value, Others

CBN Godwin Emefiele
Non- convertibility of currencies pose challenge for FX management, says WAIFEM DG The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the objectives of theRead More

IMF: Countries With Huge Debts Vulnerable To Financial Crises, Recession

International Monetary Fund (IMF)
The International Monetary Fund (IMF) has warned that economies with large external debts could be vulnerable to financial crises and deep recessions when capital flows out. The IMF stated thisRead More

Lemo: Don’t Blame CBN, Hold Nigerians Responsible For Forex Scarcity

Chairman of Titan Trust Bank, Mr Tunde Lemo
The Chairman of Titan Trust Bank, Mr Tunde Lemo, has stated that the Central Bank of Nigeria (CBN) should not be blamed for the insufficiency of forex in the country.Read More

Domestic Investors Maintain Dominance Of Stock Market Transactions

Nigerian Stock Exchange (NSE)
Account for 80% of N232bn traded in January Domestic investors continued to dominate trading at the local bourse, accounting for 80 per cent of transactions recorded in January, Flavision hasRead More

Sanusi Backs CBN’s Efforts On Unification Of Exchange Rate

Alhaji Sanusi Lamido Sanusi
A former Governor of the Central Bank of Nigeria (CBN), Alhaji Sanusi Lamido Sanusi, has thrown his weight behind the steps so far taken by apex bank towards exchange rateRead More