, United States of America. He noted that the fiscal authority and the Central Bank of Nigeria, CBN, have collaborated to attract foreign investment through securities issuance. “A large part of the securities that have been sold, the dollars come, and they get naira in exchange and use it to invest in securities,” Edun explained.
“Out of N8 trillion that has roughly been issued in securities by the CBN and ministry of finance, the majority has come from treasury bills, treasury certificates. “It is showing the complementarity of the CBN, signalling by the fiscal authorities rising to the challenge of providing enough merchandise for foreigners to bring their dollars and invest in naira securities,” he stated.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Abiodun Sowemimo: Leading finance’s future with Forbes Finance CouncilIn March 2024, the global business community welcomed a visionary leader and innovative thinker, Abiodun Sowemimo, into its esteemed ranks. As the Founder and CEO of CapitalMetriQ Swift Bank, iNet Telecommunications, InfoMetriQ Data Network, and Cyberpedia.app.
Sumber: DailyPostNGR - 🏆 11. / 59 Baca lebih lajut »
Ahmad Gumi: Gunmen finance themselves from kidnapping -- no Nigerian is funding themNigeria's independent online newspaper
Sumber: thecableng - 🏆 2. / 80 Baca lebih lajut »
Olam Agri reaffirms commitment to food security, meets minister of financeNigeria's independent online newspaper
Sumber: thecableng - 🏆 2. / 80 Baca lebih lajut »
Nigeria's Economy Moving in the Right Direction, Says Finance MinisterWale Edun, minister of finance and coordinating minister of the economy, states that Nigeria's economy is improving due to the positive impact of current administration policies. The government has made significant progress in terms of oil revenues and stabilizing the foreign exchange market.
Sumber: thecableng - 🏆 2. / 80 Baca lebih lajut »