Nigeria moves to unify multiple Naira rates in quest for inflows

*Central bank and FMDQ adopt ‘phased approach’ to unify rates *Naira’s Nafex and black-market rates trade closely together 17 June 2017, London — Nigeria will end a system of multiple exchange rates that has deterred investment in its stocks and bonds, according to the head of the country’s main currency-trading platform. The central bank and […] More »