Forex Inflow

Less than 24 hours after the Central Bank of Nigeria (CBN) aggressively raised its monetary policy rates on Tuesday, fixed income rates rose sharply to unprecedented levels on Wednesday, indicating desperation for foreign exchange inflows.…

UMORU ABDULKADIR The Central Bank of Nigeria (CBN) has said in its recently released 2019 November Economic Report that the aggregate foreign exchange inflow into the nation’s economy rose to US$9.84 billion, showing an increase of 7.5 per…