Thursday, January 18, 2018
Tags Posts tagged with "Exchange Rate"

Tag: Exchange Rate

CBN lifts FX market with $265.5m as Naira maintains stability

The Central Bank of Nigeria (CBN) on Friday intervened in the inter-bank Foreign Exchange Market with 262.5 million dollars. Data obtained from the CBN in...

Naira remains stable as Euro soars by 0.8%

The Nigerian currency, on Thursday, January 11, remained strong against the United States of America Dollar and Pound at parallel market. The local currency exchanged at...

Investors, FG disagree over Naira stability

By Odunewu Segun While the Federal Government of Nigeria are increasingly confident that Nigeria’s local currency, Naira, woes in the last two years are over...

How CBN resisted pressures to devalue Naira

  It is an open secret that some international financial institutions such as the World Bank and the International Monetary Fund (IMF) were campaigning for...

MPC maintains status quo, leaves policy rates unchanged

At the end of its 258th meeting (fifth this year), the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) voted to maintain status quo...

Naira suffers biggest drop in weeks

By Odunewu Segun The Naira, at the weekend depreciated against the dollar in the parallel market and in the Investors and Exchange (I&E) window. In a...

Experts predict further depreciation of Naira

The Nigerian Naira is expected to trade closer to N400 per one dollar as election campaigns for the 2019 elections enter into full swing. Already...

Naira still sluggish against Dollar as NSE indices up

The Naira sluggishly added N1 against the United States Dollar, exchanging at N364/$1, higher than the N365 posted on Friday at the parallel market. It...

Naira bounces against dollar as lending rate drops

Nigeria’ local currency recoups loses against the Dollar at the weekend, exchanging for N364 as against the N370 it earlier exchanged for at the...

Naira drops further against Dollar

The naira closed at 370 per United States dollar at the parallel market at the weekend, reversing the modest gain it recorded on...
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