CBN Floats Naira, Allows Banks, Dealers To Sell Forex At Market Rates

(765 reads) See also ► April 1 2024: Nigerian Naira Closes N1,309/$ As Banks Sell $2.5bn   ► Behold The Top Ten African Currencies' Exchange Rates To US Dollar and Naira  

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Dollar hits N750 as Nigerian Central Bank has now floated the Naira allowing dealers, banks to sell Forex at Market Rates.
The development is coming barely five days after the suspension of Godwin Emefiele as the Central Bank Governor.
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The Central Bank of Nigeria (CBN) has given commercial banks and dealers in the forex market the green light to sell forex freely at market-determined rates, it was learnt on Wednesday.

It was learnt that trades are now going
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