Friday, November 24, 2017
Tags Posts tagged with "Foreign Exchange"

Tag: Foreign Exchange

Naira remains stagnant despite $480m intervention

External reserves hit $33.6bn   By Odunewu Segun Nigeria’s Naira remained stagnant in the foreign exchange market over the weekend despite the $480.7 million intervention by...

Naira remains stable as CBN sustains intervention

The naira remained stable against the US Dollar on Monday 9 at the parallel market segment of the forex market as well as the...

Naira appreciates as CBN sustains intervention

The naira last week appreciated in parallel exchange market as well as the Investors and Exporters (I&E) window, while the Central Bank of Nigeria...

Naira maintains stability as CBN pumps more Dollar

The Naira recorded some marginal growth against the United States of America Dollar on Tuesday at the parallel market, exchanging for N364 as against...

CBN boost dollar liquidity, injects fresh $308.5m

The Central Bank of Nigeria has injected another $308.5 million into the foreign exchange retail segment market to further ensure liquidity and stability in...

Naira rebounds as Pound Sterling hits 10-week high against Euro

By Odunewu Segun The Nigerian Naira, on Wednesday, September 27, appreciated against the United States of America Dollar at the parallel segment of the Nigerian...

FX window attracts $11.2bn as NSE index continues sluggish runs

A report by FBN Capital, the investment and research arm of FBN Holdings, has revealed that the Investors and Exporters, I&E Forex Window has...

Naira extends losing streak against Dollar

By Odunewu Segun Naira continues with its dwindling value against the Dollar in the foreign exchange market, dropping further to N369/$1 amidst dwindling supply of...

Inflation rate drops further as CBN sustains FX intervention

The National Bureau of Statistics has on Friday released the Consumer Price Index report which showed that inflation rate dropped from 16.05 per cent...

Devaluing Naira by stealth

Despite President Muhammadu Buhari’s strong insistence that his administration would not devalue the Naira, the opening of special Investors & Exporters’ (I&E) foreign exchange...
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