The following warnings occurred:
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined variable $awaitingusers - Line: 34 - File: global.php(844) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/global.php(844) : eval()'d code 34 errorHandler->error
/global.php 844 eval
/showthread.php 26 require_once
Warning [2] Undefined array key "mybb" - Line: 1952 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 1952 errorHandler->error
/inc/functions_indicators.php 41 my_set_array_cookie
/showthread.php 629 mark_thread_read
Warning [2] Undefined property: MyLanguage::$ratings_update_error - Line: 5 - File: showthread.php(732) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(732) : eval()'d code 5 errorHandler->error
/showthread.php 732 eval
Warning [2] Undefined array key "additionalgroups" - Line: 7162 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 7162 errorHandler->error
/inc/functions_user.php 844 is_member
/inc/functions_post.php 406 purgespammer_show
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "profilefield" - Line: 6 - File: inc/functions_post.php(474) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php(474) : eval()'d code 6 errorHandler->error
/inc/functions_post.php 474 eval
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showimages" - Line: 741 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 741 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showvideos" - Line: 746 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 746 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "invisible" - Line: 1506 - File: showthread.php PHP 8.0.30 (Linux)
File Line Function
/showthread.php 1506 errorHandler->error
Warning [2] Undefined variable $threadnotesbox - Line: 30 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 30 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $addremovesubscription - Line: 79 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 79 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $forumjump - Line: 86 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 86 errorHandler->error
/showthread.php 1533 eval




Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
CBN provides $340m, CNY 69m for agric, raw materials
#1
CBN provides $340m, CNY69m for agric, raw materials

[Image: cbn.jpg]
By Chika Otuchikere
The Central Bank of Nigeria (CBN), weekend, provided $340 million and 69 million Chinese Yuan (CNY) to customers seeking foreign exchange in the agricultural and raw material sector.

The CBN acting Director of Corporate Communications, Mr. Isaac Okorafor, said the sales in the Chinese Yuan was done through a combination of spot and 15-day tenor.

Okorafor said the Chinese Yuan was made available only to customers with Renminbi denominated Letters of Credit for agriculture as well as raw materials and machinery.
He said the availability of Renminbi would eventually ease pressure on the Nigerian foreign exchange market and attributed the current stability in the foreign exchange market to the continued intervention of the CBN as well as the sustained increase in crude oil prices in the international market.

In his words, “The apex bank remained committed to ensuring all sectors continued to enjoy access to foreign exchange required for business, whether in US dollars or Chinese Yuan.
It will be recalled that the CBN on July 20, announced the commencement of its intervention in the sale of foreign exchange in CNY.
The sales signaled the commencement of the Bilateral Currency Swap Agreement (BCSA) signed with the People’s Bank of China (PBoC) on April 27, 2018.

The statement announcing the flag-off of the sale had explained that there would be no predetermined spread on the sale of Foreign Exchange Forwards by authorised dealers to end-users under the special sales window.

Also, authorised dealers would be allowed to earn not more than 50 kobo per CNY on a customers’ bids.
Meanwhile, a dollar exchanged for N360 at the Bureau de Change (BDC) segment of the foreign exchange market, while one CNY exchanged for N53.35.


http://authorityngr.com/2018/07/30/cbn-p...materials/
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  15 Danish firms eye Nigeria’s food, Agric Business Edoman 0 1,546 11-30-2017, 11:05 AM
Last Post: Edoman



Users browsing this thread: 1 Guest(s)