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According to the information contained in a Q&A document published on the bank’s website, the items are not permitted to be funded from the I&E window.
Source: https://punchng.com/imf-to-support-nigeria-as-naira-appreciates-to-n663/
FTSE Russell in a statement expressed skepticism about the effectiveness of Nigeria’s recent foreign exchange reforms, including the adoption of a ‘willing seller, willing buyer’ policy at the Investor and exporter (I&E) foreign exchange window.
Source: https://blueprint.ng/fx-woes-reason-for-nigerian-stock-exchange-downgrade-ftse-russell/
Naira gains by 4.31%, exchanges at ₦743.07 at I&E window Friday.
The naira opened the day positively at N744 per dollar and lost marginally at the Investors and Exporters (I&E) window.
The Naira rose against the dollar in the peer-to-peer trading market after reports that CBN official exchange had fallen from 461.6 Naira to 631 Naira against the dollar it was selling at the I&E window the day before.
Source: https://pmnewsnigeria.com/2023/06/01/breaking-naira-sinks-dollar-on-binance-trades-at-n718/
The total value of trades recorded at the I&E window stood at $68.10 million.