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Tag: naira

FOREX: Naira Closes At 363/Dollar

Here's an update of how the naira performed in the last few days: The naira…

CBN Injects Fresh $195 Into Forex Market

The Central Bank of Nigeria (CBN) ended July with another $195 million injection into various segments of the…

Naira Appreciates As CBN’s Monetary Policy Committee Meets

Coinciding with the 257th meeting of the monetary policy committee (MPC) of the Central Bank…

CBN Sells $2.64bn To Authorised Dealers

The Central Bank of Nigeria’s Economic report for May indicated that it sold a total…

CBN Injects $195m Into Forex Market

The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability…

Increased Dollar Demand May Weaken Naira – Analysts

According to analysts, the naira may depreciate marginally on the black market in the days…

Naira Exchanges For N363 Per Dollar

The Naira lost N2 towards the close of business yesterday at the parallel market, exchanging…

CBN Warns Against Abuse Of The Naira

At the Central Bank of Nigeria’s ‘Promoting Financial Stability and Economic Development Fair,” in Lagos…

Naira Stable At N364 Per Dollar

Due to weak demand for dollar yesterday, the naira remained stable at N364 per dollar…

CBN Injectss $482.6m Into Forex Market

The Central Bank of Nigeria (CBN) on Tuesday sustained its intervention in the inter-bank segment…