May 17 (Lagos) - The Naira appreciated to N385 on a parallel market against the US dollar after a US$ 457 million injection into various segments of the forex market by the Central Bank of Nigeria on Monday.
Today the bonds auction of more than N 100 billion is expected to soak up liquidity from the system.
We can expect Naira to remain flat or strengthen slightly this week.
reporting for easykobo.com on Wednesday, May 17 2017 from Lagos, Nigeria
If you would like to post comments! Please log in.