Market News
Nigeria Central Bank Readies Naira Defense as War Shakes Markets - BLOOMBERG
By Nduka Orjinmo
Nigeria’s central bank has prepared contingency measures to stabilize the naira if it comes under pressure, as investors dump riskier emerging-market assets because of the crisis in the Middle East.
The bank is “ready to step in and smooth the market as much as possible,” Deputy Governor Muhammad Sani Abdullahi said in an interview in Abuja, the capital, on Thursday.




