Naira Steady Despite #EndSARS Protests
The naira last week traded at the parallel market for N463 against the dollar, a slightly weaker ratio from the N462 exchange rate the previous week.
Naira’s exchange rate remains at N379 to the dollar at the official market.
The local currency...
CBN’s $450m Inflow To BDCs Stabilise Naira
The Central Bank of Nigeria (CBN) has injected over $450 million into the Bureau De Change (BDC) segment of the foreign exchange market to keep the naira stable.
The dollar injections, which came after the apex bank resumed dollar...