Traders increased bets that Nigeria will allow the naira to weaken after the central bank eased some capital controls and President Muhammadu Buhari, who opposes devaluation, extended his sick leave in the U.K.
Forward contracts rose to the highest level since November after the Central Bank of Nig
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Bloomberg
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
