Thursday, January 18, 2018
Tags Posts tagged with "Naira"

Tag: Naira

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...

Naira remains steady as BDC operators advise CBN on convergence

  The Association of Bureaux De Change Operators of Nigeria (ABCON) on Wednesday listed recipes for a stronger naira and a more stable exchange rate...

Naira holds steady as CBN kicks off 2018 with N58.4bn T-bills...

The Nigerian currency, on Wednesday, December 3, maintained strength against the United States of America Dollar, at the Parallel Segment of the Nigerian Foreign...

Dollar crumbles further as Pound Sterling surges by 0.7%

The United States of America dollar dropped on Tuesday, December 2, to its lowest in more than three months, weighed down on the first...

Naira maintains stability as NSE market capitalization heads north

The Naira on Tuesday, November, 28, maintained N362.5 to the dollar at the parallel market. The Pound Sterling and the Euro closed at N480...

Naira stability gulps $9bn in 9 months

as rates convergence remain a mirage By Odunewu Segun The Central Bank of Nigeria (CBN) has spent a whopping $9bn in the last nine months...

Naira remains stable as CBN injects additional $195m

The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the inter-bank Foreign Exchange Market, even...

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...

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...
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