Friday, May 5, 2017

Banks short of naira to bid for FX offer

Banks and other authorized dealers failed to fully subscribe to $150 million offered by the Central Bank of Nigeria (CBN) yesterday.
News from the apex bank indicated that the dealers could only pick $43.5 million, which represented 29 per cent of the $150 million offered for subscription in the…Banks short of naira to bid for FX offer




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