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Foreign Exchange Policy, Interest Rate Increase Foreign Portfolio Investment by 170%

Foreign Exchange Policy, Interest Rate Increase Foreign Portfolio Investment by 170%   The Central Bank of Nigeria (CBN) high interest rate regime and foreign exchange policy have whetted the appetite of Foreign Portfolio Investors, FPIs, as inflows amounting to N696.88 billion came into the stock market...

IMF Wants More Autonomy For CBN, Says Nigeria Should Determine FX Policy

IMF Wants More Autonomy For CBN, Says Nigeria Should Determine FX Policy     The International Monetary Fund (IMF) has said Nigeria does not need any external influence in the choice of her foreign exchange policy. Speaking in Abuja at an interactive panel on Monetary Policy Management in...