CBN first-quarter FX sales highest since 2014


… Figure confirms exodus of foreign investors, COVID-19 – analysts

Central Bank of Nigeria (CBN) in the first three months of 2020 sold the highest foreign currencies in six years. Foreign currency sales reached $11 billion in the first quarter (Q1), 64 percent more than the apex bank sold in the same period last year. This is also the biggest sale by value since $14.22…

Subscribe to BusinessDay to read full article – N1000 for 2 Month

Get real time updates directly on you device, subscribe now.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.