CBN shifts Naira peg as reserves fall again

31 October 2015, Lagos – The Central Bank of Nigeria, CBN, has shifted the fixed Naira peg on the interbank market, following another fall in the country’s foreign reserves. The foreign reserves fell by about $350 million, from $30.48 billion as at September 30 to $30.13 billion as of October 27. The reserves fell by […] More »