The Nigerian naira recorded minimal movement in the currency market last week as the Central Bank of Nigeria (CBN) executed two key interventions: clearing all outstanding FX forward obligations and supplying additional dollars to authorised dealer banks. At the official window, the naira appreciated slightly by 0.01% week-on-week, closing at N1,533.56 per US dollar, compared … Continue reading Naira Holds Steady As CBN Clears FX Forwards And Intervenes In Market