Illegal Activity
none
Blackmail
none
Date
2017-12-22
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document is an excerpt from the EM Currency Handbook 2018, focusing on the Nigerian currency market. It details the regulatory framework, onshore and offshore NGN products, and trading information as of December 2017.
Metadata
- Subject
- EM Currency Handbook 2018: Still Fuel in the Tank
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0076874
- Date
- 2017-12-22
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Nigerian National Petroleum Corporation | supplier/recipient | government | The government is the main recipient, and, therefore, supplier of foreign exchange in the economy, through oil related taxes and revenues of the Nigerian National Petroleum Corporation. |
| Central Bank of Nigeria (CBN) | regulator | economy | The central bank uses a monetary targeting regime to influence its targets, the reserve and broad money aggregates. |
Financial Information
Amounts:USD $1-2mnNGN 0.30-0.50USD 500mnUSD 200mnUSD 3.5mn50-70bp20-45bpUSD 1-2mnNGN 5.00 - 7.00
Assets:
- Foreign exchange
- Treasury bills
- Federal government bonds
Transactions:
- FX spot trading
- Government T-bills and bonds trading
- Non-Deliverable Forward (NDF) trading
Media & Journalist References
- Reuters page <NGNFIX=>
- Reuters page <NIFEX01>
- BBG page: NGN FM DA <CRNCY>
Public Knowledge
- Context
- This document provides a snapshot of the Nigerian currency market in December 2017. Some of the information, such as the cessation of NIFEX, may have been updated since then.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsRegulatory framework and approach
Organizations 3
Nigerian National Petroleum CorporationCentral Bank of Nigeria (CBN)Deutsche Bank Securities Inc.
Locations 1
Nigeria
Financial Entities 2
ReutersBloomberg (BBG)
Text Analysis
- Tone
- Informative
- Purpose
- To provide information about the Nigerian currency market, regulatory framework, and trading details.
- Significance
- Provides an overview of the Nigerian foreign exchange market and related financial instruments as of December 2017.
File Info
- File Name
- EFTA01379412.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:58.886713
- DOJ Source
- View on DOJ