By Odunewu Segun Nigeria’s Naira has remained stable in the Forex market, exchanging at an average of N363/$1 in the Bureaux de Change segment of the...
Cost of funds in the interbank money market is expected to fall this week in response to liquidity inflow through matured bills as Naira continues its...
The Nigerian Central Bank introduced a new spread limit on interbank transactions on Monday, it said in a statement, in an attempt to boost liquidity in...
Market cap crosses N11trn in 6 hours FBN, FCMB, 2 others lead By Odunewu Segun Trading activities on the floor of the Nigerian Stock Exchange came...
Inches closer to FX rate convergence By Odunewu Segun The latest significant appreciation of the naira by N12 to close at N363/$ on the parallel market...
The Naira has continued its strong run against the United States dollar at the weekend, underscoring the resolve of the apex Bank to achieve convergence of...
The naira appreciated to N383 against the United States dollar at the parallel market as the Central Bank of Nigeria continues to supply dollars into the...
As part of efforts to soak up liquidity from the banking system and support the local currency, the Central Bank of Nigeria, CBN, said it plans...
By odunewu Segun In April, the Central Bank of Nigeria had announced that it would allow investors to trade the naira at market determined rates, a...
as CBN offers $81.2m SME segments, others Nigeria’s local currency traded at N400 to the US dollar on Monday on the FX window introduced barely two...
