Tag: Chioma Udu
The Governor of the Central Bank of Nigeria says more items will be listed under the forex restriction list. This comes as President Muhammadu Buhari says he told the apex bank to stop providing funding for food imports. Chioma Udu, FX dealer at GT Bank joins CNBC Africa to discuss this and other stories impacting Nigeria’s money market.
The naira appreciated by 0.1 per cent to 362 naira 21 Kobo at the Investors and Exports (I & E) window on Monday, while parallel market rates weakened by 0.3 per cent. To review Nigeria's money market as the U.S face-off with China escalates, Chioma Udu, Forex Dealer at GT Bank joins CNBC Africa for more.
As the money markets await the release of the bond auction calendar this week. Forex dealer at GT Bank, Chioma Udu joins CNBC Africa for more.
Nigeria's May inflation figures grew by 11.40 per cent year-on-year from 11.37 per cent in April. Chioma Udu, Forex Dealer at GT Bank joins me to discuss this and other stories impacting Nigeria’s fixed income and forex market so far this week.
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