Bismarck Rewane
Bismarck Rewane is the Managing Director of Financial Derivatives Company and a prominent Nigerian economist known for his insights on the country's economic policies. He recently commented on the effectiveness of the Central Bank of Nigeria's foreign exchange policies, indicating that they are helping to align the naira closer to its fair value.
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Nigeria:
The Managing Director of Financial Derivatives Company, Mr. Bismarck Rewane, stated that the banking sector’s recapitalisation exercise would mitigate the effects of higher interest rates on asset quality, profitability, and capital.
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Nigeria:
Rewane stated that the ongoing price war among fuel merchants will persist if global oil prices continue to drop.
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Nigeria:
Bismarck Rewane stated that the fall in the price of petrol will continue until June 2025.
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Nigeria:
Bismarck Rewane has expressed confidence in the Central Bank of Nigeria’s foreign exchange policies, stating that they are yielding positive results.
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