Nigeria’s USD/naira rate could plummet to 1,000 without capital injection

Nigeria’s USD/naira rate could plummet to 1,000 without capital injection
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CBN Headquarters in Abuja

CBN Headquarters in Abuja

International investors will continue to wait in the wings for a capital injection from the Central Bank of Nigeria (CBN) to fund foreign exchange demand of around $1.5 billion.

The post Nigeria’s USD/naira rate could plummet to 1,000 without capital injection appeared first on Premium Times Nigeria.

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Nigeria’s USD/naira rate could plummet to 1,000 without capital injection

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