‘Naira depreciates to N367 at parallel market,
THE Naira, on Tuesday, crashed slightly against the American Dollar at the parallel market. This is just as the naira ...
Tag: Naira
Currency-in-circulation drops to N1.769 trillion
Currency-in-circulation dropped to N1.769 trillion at the end of July, compared with the N1.873 trillion position it was the previous ...
Naira closes at N362 as CBN injects $547m in one week
In anticipation of Sallah holiday, the Central Bank of Nigeria (CBN) on Thursday raised the total intervention for the week ...
Borrowing in dollars
THE Federal Government is set to raise $3 billion through the issuance of dollar-backed treasury bills to refinance its naira-denominated ...
Why CBN interventions fail to save Naira —Experts
Financial experts have diagnosed plausible reasons for the steady depreciation of the nation’s currency in spite of series of interventions ...
Forex: Naira loses against dollar
The naira on Thursday continued to fall against the dollar at the parallel market, the News Agency of Nigeria (NAN) ...
Expert says Naira to remain stable as CBN’s interventions cripple speculators
Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), said on Thursday that the nation’s currency ...
Forex: Again, CBN pumps $195m into market Â
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange ...
Moderate rates, naira appreciation expected
AS Nigeria’s money market resumes trading today after a two-day public holiday to mark Muslim festival of Eid-al-Fitr, there are ...
Naira strengthens against dollar
The naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to ...
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