CBN Sells $876.26M at N1,495 per Dollar in Latest AuctionBy Chinomso SundayAugust 8, 2024 The Central Bank of Nigeria (CBN) announced that it sold $876.26 million to end users through 26 successful banks at a cut-off rate of N1,495 per…
CBN to Begin FX Dutch Auction System WednesdayBy Chinomso SundayAugust 5, 2024 The Central Bank of Nigeria (CBN) has announced plans to introduce a Retail Dutch Auction System to mitigate foreign exchange fluctuations in the country’s forex market.This…
