UBA: Traders sell down for profit-taking against year-end

Traders at UBA say market players continue to sell down their positions for profit-taking as the year winds down. Meanwhile, they expect the 1.5-billion-dollar World Bank loan to offer some buffer to Nigeria’s external reserves and ease pressures on FX. Gbemi Bello-Aromire, Fixed Income Dealer at UBA joins CNBC Africa for more.