Cardoso: Nigeria Doesn’t Require Funding Support from IMF to Close Liquidity Gap, for Now
kolaking.substack.com
•Says FX inflows hit $24bn in Q1 •Declares recapitalisation will boost banks’ resilience, support for economy •Voids price verification system for import and export transactions effective July 1 Emmanuel Addeh and James Emejo in Abuja Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said the country currently does not need any concessionary funding intervention from the International Monetary Fund (IMF), as it has “access to enough exposures from different areas that should be able to see us through”.
Cardoso: Nigeria Doesn’t Require Funding Support from IMF to Close Liquidity Gap, for Now
Cardoso: Nigeria Doesn’t Require Funding…
Cardoso: Nigeria Doesn’t Require Funding Support from IMF to Close Liquidity Gap, for Now
•Says FX inflows hit $24bn in Q1 •Declares recapitalisation will boost banks’ resilience, support for economy •Voids price verification system for import and export transactions effective July 1 Emmanuel Addeh and James Emejo in Abuja Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said the country currently does not need any concessionary funding intervention from the International Monetary Fund (IMF), as it has “access to enough exposures from different areas that should be able to see us through”.