DTN-29-7-19

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FX, other turnovers decline by 6.70% to N19.12trn

As CBN clarifies proposed policy on FX restriction to importers of milk Lifts FX market with another $210m

Motolani Oseni, Lagos The total turnover in the Fixed Income and Currency (“FIC”) markets, including the Foreign Exchange (FX) market, Treasury Bills (T-Bills), among other markets for the month ended June 30, 2019, declined by 6.70 per cent to N19.12trillion, against the total turnover of N20.49trillionrecorded in May. The latest FMDQ OTC reports over www.dailytimes.ng

DailyTimesNGR

dailytimesnigeria

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Alleged $1.8bn oil fraud

the weekend showed that the 6.70 per cent drop represented a total sum of N1.37 trillion, while comparing Month on Month (MoM1) decrease in the turnover recorded in May 2019 of N20.49 trillion, whilst recording a 10.93 per cent (N1.88 trillion) YoY increase from N17.23 trillion recorded in June 2018. But The Daily Times checks revealed that the report indicated that the Treasury Bills and FX product segments Continued on page 3

MONDAY, JULY 29, 2019

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NNPC warns against violation of pipeline Right-of-Way g

NO. 1,002

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N100

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Presidential panel summons NNPC GMD To explain what Mobil Producing paid for renewal of OMLs 67, 68, 70 We paid total fee for the 3 oil blocs in 2009, says Mobil

L-R: Director General, Arab Bank for Economic Development in Africa, Dr. Sidi Tah; Deputy Director General, International Cooperation and Development, European Commission, Mr. Koen Doens; President, Africa ExportImport Bank, Professor Benedict Oramah; President, African Development Bank, Dr. Akinwunmi Adesina; Founder, The Tony Elumelu Foundation,TEF, Mr. Tony Elumelu; Director General, World Health Organisation, Dr. Tedros Ghebreyesus; Moderator and Host, Fareed Zakaria GPS, CNN Presenter, Mr. Fareed Zakaria, at the Founder’s Private Sector Dialogue held during the TEF Entrepreneurship Forum, the largest gathering of African entrepreneurs, in Abuja at the weekend

g18 AfCFTA: Buhari approves establishment of national action committee

g17 Forex: List companies benefitting or face legal action, TUC tells CBN

g 4 Insecurity: Interrogate Buhari, recover $1bn ECA fund, PDP charges NASS

PIGB most g politicised bill in NASS history –Akpatason

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