CBN, Citibank execute first naira-settled OTC FX Futures of $20m

The first Naira-settled over-the-counter (OTC) foreign exchange (FX) Futures on the FMDQ OTC Securities Exchange was yesterday executed between the Central Bank of Nigeria (CBN) and Citibank Nigeria Limited. Although the FMDQ which disclosed this on its website, did not give further details about the transactions, THISDAY gathered from a reliable source in the market […]

CBN, Citibank execute first naira-settled OTC FX Futures of $20m

...Continue to read

SHARE   

0 Comments
Comments

Read Comment Policy
We have Zero Tolerance to Spam. Chessy Comments and Comments with Links will be deleted immediately upon our review.