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Nigeria’s Central Bank sells $313m in forward auction — NEWSVERGE
The Central Bank of Nigeria (CBN) has sold about USD$313 million, in a two-month forward auction to clear a backlog of Dollar demand. This is the third of such auctions since the launch of the forwards market in June 2016. Its comes about a week after the regulator held a two-month Dollar forward auction to […]
KAYODE ADELOWOKAN