Expert commends CBN’s forex intervention

PUBLISHED: Tue, 30 Apr 2019 08:01:04 GMT

Exactly two years after the Central Bank of Nigeria introduced the Investors and Exporters Window; experts say it has helped to improve foreign exchange liquidity, with about $50 billion dollars cumulative transactions carried out on the platform as at March 2019. CNBC Africa’s Kenneth Igbomor spoke to Jesuseun Fatoyinbo, Head of Trade Transactional Products and Services at Stanbic IBTC to discuss how the improved foreign exchange liquidity situation has impacted trade finance.

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