The Central Bank of Nigeria has sold over $300million to Deposit Money Banks in the last two weeks amid desperate efforts to stabilise the naira-dollar
The Naira appreciated in the Investors and Exporters (I&E) window by 3.9 percent in January as the nation’s external reserves recorded the first monthly increase
The naira gained slightly on Friday, exchanging for N470/$ in the parallel market in the evening, after selling at N476/$ in the morning. This followed