Nigeria published data on its financial liabilities, and foreign inflows helped ease pressure on the naira currency.
1 report, 1 independent
Updated Jul 1
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What happened
Nigeria published data on its financial liabilities, and foreign inflows helped ease pressure on the naira currency.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Central Bank of Nigeria uses Open Market Operations (OMO) to manage liquidity by attracting capital from government bonds.Sub-event
Foreign inflows helped ease pressure on the naira following the release of financial liabilities data.1 source
Keep exploring
The entities involved
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Nigeria
sovereign state in West Africa
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Central Bank of Nigeria
central bank
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naira
currency of the Federal Republic of Nigeria
Related events
- Nigeria presented at IMF annual meetings in 1995.
- Nigeria's financial management is under review by the IMF, with aid status, total return swaps, and legislative budget loans being considered.
- The World Bank is providing data on poverty trends in Nigeria, while the IMF is releasing reports assessing the country's economic reforms.
- The Central Bank of Nigeria manages the financial system in Nigeria, with Olayemi Cardoso leading the management team.
- Nigeria, led by the CBN and Olayemi Cardoso, is initiating a major investment drive aimed at diversifying foreign exchange earnings and establishing regional leadership in Africa.
Coverage
Newest first; wire copies grouped- punchng.comNigeria’s net foreign liabilities climb to $90.2bn