Kalu Aja (@finplankaluaja1) 's Twitter Profile
Kalu Aja

@finplankaluaja1

CFEI. Author, Making Money,Economy and Personal Finance easy to understand Podcast:podcasts.apple.com/us/podcast/the…

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linkhttp://www.kaluaja.org calendar_today11-08-2019 17:09:47

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This is why the Naira is gaining The CBN is selling at N1,251 so no trader locks in large transactions above N1,251 In essence, the Naira has floated but the CBN is intervening to strengthen the Naira by selling its FX reserves to BDCs at a price below the willing buyer/

This is why the Naira is gaining 

The CBN is selling at N1,251 so no trader locks in large transactions above N1,251

In essence, the Naira has floated but the CBN is intervening to strengthen the Naira by selling its FX reserves to BDCs at a price below the willing buyer/