The News Agency of Nigeria (NAN) reports that T+2 refers to the settlement dates of security transactions that occur on a transaction date plus two days. The Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between September 6 and September 30.According to a statement issued byOmolara Duke, the Director, Financial Markets Department of the CBN, the transaction was through a two-way quote at the Nigeria Foreign Exchange Market (NFEM) on 11 dealing days. Duke said that the spot sales were to reduce observed market volatility driven by high demand for co…