Expert explains currency floating, says CBN sees more than industry operators
Director of Africa Region Board of the PKF International Limited, Mr. Tajudeen Akande has disclosed that “floating naira is not for it to remain up there; it is to remove the arbitrage opportunity and have a cooling effect and let…
CBN again, injects $195mn to saturate ease of access at forex market on naira gain
The sustained but momentary recovery of naira at the interbank market received another boost Tuesday as the Central Bank of Nigeria (CBN) released another lump of $195 million. Acting Director of Corporate Communications at the apex bank, Isaac Okorafor, gave…
Teriba leaks secret of regular injection of forex to the market by CBN
Ageless Economist, writer and public finance analyst, Dr. Ayo Teriba has given insights to the growing availability of dollars at the Central Bank of Nigeria (CBN) which is encouraging it to continue release of the currency into the interbank market…
