The Central Bank of Nigeria (CBN) recently conducted a Retail Dutch Auction System (RDAS) on August 6, 2024, in an effort to improve supply to the foreign exchange market and promote price discovery.
In this auction, total bids came to $1.18 billion which was received from 32 authorised dealer ba
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
