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CBN first-quarter FX sales highest since 2014

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… 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…



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