- The Central Bank of Nigeria (CBN) again sold about $815.36 million out of the $1.19 billion FX exchange demanded by bank customers
- The CBN said it undertook the sale to reduce the pile of FX demand to reduce the pressure on the naira
- The development comes as the naira appreciated against the US dollar in the official market at N1,574.20
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Central Bank of Nigeria (CBN) has settled another $815.36 million out of the $1.19 billion foreign exchange demand by end users funded by 26 banks at N1,495 per dollar.
