Nigeria's leading finance and market intelligence news report.

Naira maintains stability after CBN sells dollars to BDCs

Nigeria’s currency on Tuesday remained stable exchanging at N465 against the dollar on the black market. The naira stability was due to improved liquidity as the Central Bank of Nigeria (CBN) has sold over $200 million to Bureau De Change (BDC) operators since the past two weeks of resumption of international flights. BusinessDay reported that…

Join now and gain unrivalled access to expert insights and analysis behind the story for just N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.