logo

UBA: Nigeria’s fx market still tight on supply

PUBLISHED: Fri, 02 Oct 2020 14:23:24 GMT

Share

Traders at UBA say Nigeria’s FX market is still tight on supply but the Central Bank has been consistent in its weekly supply and the huge disparity is expected to continue for now as export proceeds are yet to pick up. Bankole Odusanya, Head of Fixed Income Trading at UBA joins CNBC Africa for more….


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.