The Central Bank of Nigeria made spot sales totalling 100 million US dollars to interested Small and Medium Enterprises through a special window for small-scale importers.

In today's 'Futures in Focus,' Chris Gersch of Bell Curve Capital and Bloomberg's Alix Steel examine increased oil production in Iran and Nigeria and a drop in copper futures.

The Central Bank of Nigeria says the Yuan currency swap will strengthen the naira and reduce the strong demand for the US dollar in the country