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All posts tagged "hot money"

  • CBN to cut policy rate to 11% next week – Rewane

    The Central Bank of Nigeria (CBN) will relax its monetary policy by reducing its policy rate to 11 per cent next week when its Monetary Policy Committee (MPC) meets, Bismarck Rewane, Financial Derivative Company has predicted. “Monetary...

    • Posted March 15, 2013
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  • $10 Billion ‘Hot Money’ Not Posing a Threat – Sanusi

    Nigeria’s financial system is not under threat from speculative investments valued at about $10 billion, Central Bank of Nigeria Governor Lamido Sanusi said. Nigeria would still have $36 billion in reserves if the investments left the country,...

    • Posted December 5, 2012
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