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Fixed Income, Currency Markets Decline To N164.32trn In Q3

Fixed Income, Currency Markets Decline To N164.32trn In Q3       Turnover in the Nigerian fixed income and currency (FIC) markets dropped by 26.76 per cent to N14.07 trillion in September 2020, according to latest trading figures released at the weekend. Turnover at the FIC markets for...

Implications of CBN’s Forex Policy

The Central Bank of Nigeria (CBN) has gone tough to arrest sharp practices in the Foreign Exchange (forex) market especially in the parallel section.   To demonstrate its commitment to increasing liquidity in the foreign exchange market, the apex bank, within two weeks, supplied a total...