Central Bank of Nigeria (CBN) sold a total of $600 million in foreign exchange through various bureaux de change (BDCs) between January and March 31, 2014.
The figure, which amounted to N94.769 billion, representing a decrease of N3.740 billion or 3.8 per cent below the amount recorded in the preceding quarter, represented $25.60 million or 4.1 per cent drop, when compared with the $625.60 million reported in the preceding quarter.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article