CBN boost contracts trade on the FMDQ OTC Securities Exchange with Longer-term Naira Contracts
Kindly Share This Story: The Central Bank of Nigeria (CBN) has introduced longer-term contracts on the naira in a move to attract more foreign inflows, shore up its dwindling dollar reserves and stave off a currency devaluation. The CBN Governor, Mr. Godwin Emefiele, last month said no adjustment of the naira was planned and that…
Benjamin Ameh
