And Goes: “This desperation to raise capital from international markets to meet Central Bank’s new minimum capital requirements may be pushing these banks towards FX risk buildup that could significantly weaken them in the future. Read More
By C’Lawrence
And Goes: “Now that cashless policy implementation speed has been slowed or strategy changed, I urge you to surmount every challenge and circulate more lower Naira denominations to the economy. Read More
By C’Lawrence
And Goes: “I believe it’s in line with the CBN’s rate unification goal, as it could reduce the pressure on the parallel market. This should move much of the forex demand for the 43 items to the investors and exporters window, if well managed with the needed increment of Forex supply to the window. Read More
By C’Lawrence
And Goes: “Now that crude swap is ending and NNPCL has to buy Dollar at market rates, expect even higher prices of fuel and Read More
By C’Lawrence
And Goes: “Replaced by the Deputy Governor, Mr Folashodun Adebisi Shonubi on acting capacity. Read More
By C’Lawrence
And Goes: “In a time of strong Dollar, what really is in the tools bag of an import-heavy economy’s central bank that could work against Imported inflation? Read More
By C’Lawrence