NigerianNewsDirect
The naira is expected to maintain stability this week and beyond as the Central Bank of Nigeria (CBN) continues to intervene in the foreign exchange (FX) market. The CBN had directed the Bureau De Change Operators (BDCs) to purchase $25,000 weekly from authorised dealers at Nigerian Foreign Exchange Market (NFEM) rates…
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Naira to maintain stability on CBN intervention
The naira is expected to maintain stability this week and beyond as the Central Bank of Nigeria (CBN) continues to intervene in the foreign exchange (FX) market. The CBN had directed the Bureau De Change Operators (BDCs) to purchase $25,000 weekly from authorised dealers at Nigerian Foreign Exchange Market (NFEM) rates…