Currencies

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  Naira Firms Up on Interbank Market

  The Nigerian Naira gained as much as 0.1% on the interbank market today as...

  • Posted December 5, 2011
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  CBN, Oil Majors Meet Dollar Demand, Causes FX Rate Stability

  According to data from the CBN website, the apex bank supplied $200 Million at...

  • Posted December 1, 2011
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• Dollar Demand Wanes at CBN Auction, Naira Strengthens

  The Naira strengthened today at the CBN auction due to unusually low demand for...

  • Posted October 17, 2011
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  NNPC Diverts Dollars to CBN, Disrupts Forex Market

  According to forex traders, $700 Million Dollars expected to be sold to the interbank...

  • Posted October 13, 2011
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• Central Bank Jacks Up Benchmark Rate to 12%

  Following wide speculations that the Nigerian Monetary Policy Committee would raise rates at the...

  • Posted October 10, 2011
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• Central Bank Jacks Up Benchmark Rate to 12%

  Following wide speculation that the Nigerian Monetary Policy Committee would raise rates at the...

  • Posted October 10, 2011
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• New CBN rule shores up Naira

  Recent efforts by the Central Bank to stabilize the Naira seem to have paid...

  • Posted October 8, 2011
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  Naira falls to record lows in todays trading

  The Nigerian Naira has continued its free fall against major currency pairs, depreciating against...

  • Posted October 6, 2011
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  Naira Falls to 3-Month Low; Dollar Supply Curbed at Sale

  Nigeria’s naira depreciated to its weakest level in three months against the dollar after...

  • Posted September 20, 2011
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• Naira loses 41 kobo at WDAS

  The naira weakened to N152.81 to the dollar on the official market (Wholesale Dutch...

  • Posted September 6, 2011
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