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NIGERIA: Scrapping official FX rate may signal return to Eurobond market

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The Central Bank of Nigeria (CBN) has tacitly removed from its website information quoting the official exchange rate at NGN 379 per USD, indicating that the CBN may have finally abandoned the official rate. This would be in line with views expressed by Finance Minister Zainab Ah...

 

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NIGERIA: Scrapping official FX rate may signal return to Eurobond market

The Central Bank of Nigeria (CBN) has tacitly removed from its website information quoting the official exchange rate at NGN 379 per USD, indicating