The Central Bank of Nigeria (CBN) sold $300 million at the rate of N155.76 to the dollar at its 71st Wholesale Dutch Auction System (WDAS) on Wednesday.
The CBN continued to maintain the exchange rate of N155.76 to the dollar at the last nine auctions.
The apex bank, in a summary of the auction posted on its Website, said that the $300 million sold was the total amount offered for sale.
The number of banks that participated increased to 17 from the 16 that was recorded on September 16.
The next auction will hold on Monday, September 25.