Frontier Africa Reports

CBN Mahmud: No Plan to Bar Foreign Investors from OMO Auction

THE CENTRAL BANK OF NIGERIA DENIED SOME MEDIA REPORTS THAT THE FINANCIAL REGULATOR IS PLANNING TO BAR FOREIGN PORTFOLIO INVESTORS FROM THE REGULAR CBN OPEN MARKET OPERATIONS AUCTIONS.

BLOOMBERG NEWS ON TUESDAY REPORTED THE PLANNED MOVE QUOTING THE CENTRAL BANK DIRECTOR IN CHARGE OF MONETARY POLICY, DR HASSAN MAHMUD. HE JOINED US ON ARISE XCHANGE TO SPEAK TO THIS DEVELOPMENT.