interbank

The naira, on Thursday, recorded 0.92 per cent depreciation as it closed at N282.97 to the United States dollar compared to N281.23 to a dollar on Wednesday and slightly weaker than the N282.3 to the dollar it traded at on Tuesday. While…

The floating naira exchange rate ended at N281.23 to a dollar on Wednesday, slightly stronger than the N282.3 to the dollar it traded at on Tuesday. This is even as the Central Bank of Nigeria (CBN) and Citibank on Wednesday executed the…

After opening at around N253 to the dollar on Monday, following commencement of the new foreign exchange regime, the forces of demand and supply  pushed the Naira to N260 against the greenback at the interbank market before settling at…