Nigeria’s naira traded largely flat on Tuesday at both official and parallel markets, as the Central Bank of Nigeria (CBN) emerged the dominant player in the foreign exchange (FX) space, accounting for over half of total dollar inflows. Data from the Nigerian Foreign Exchange Market (NAFEM) shows that the naira closed at ₦1,602.63/$1, a marginal … Continue reading Naira Holds Steady As CBN Drives 50% Of Dollar Inflows Into Official FX Market