Nigeria Acts to Defend Naira After Currency Hits New Record Low

The Central Bank of Nigeria precocious sold U.S. dollars to Bureaux de Change (BDC) astatine a level complaint of NGN1,450 per greenback. The cardinal slope stated that eligible BDCs tin merchantability the dollars to end-users astatine a borderline of nary much than 1.5% supra the acquisition speech rate. The Nigerian apex slope disclosed that it […]