The Federal Government has reacted to Tuesday’s decision by J.P. Morgan to phase out Nigeria from its Government Bond Index for Emerging Markets (GBI-EM), insisting that it will only continue to take economic decisions that will impact positively on the lives of all Nigerians. A statement signed by Ibrahim Mu’azu, …
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The attention of the Central Bank of Nigeria (CBN) has been drawn to your recent article titled “Toothpick Alert” in the print edition of The Economist Magazine of July 4th 2015. First, the article seems to ignore the fact that the exchange rate is simply a price that is essentially …
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The Central Bank of Nigeria (CBN) has said it is appraising the over 200 applications received in respect of the N300 billion Real Sector Support Facility (RSSF). A statement by its Director, Corporate Communication, Ibrahim Mu’azu, said: “The policy objectives of the RSS Facility are to provide long-term, low-interest financing …
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