Tag: $4.6 billion

CBN defends naira with $4.6b in two months

The Central Bank of Nigeria (CBN) defended the naira with $4.6 billion in two months, The Nation investigation has shown. The funds were offered and sold in 16 Wholesale Dutch Auctions (WDAS) in August ($2.4million) and September ($2.2million). Findings from the CBN website showed that the apex bank maintained steady supply of […]