Currencies

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  Naira Falls Third Day As Bank Sells Least Dollars In Three Weeks

  The naira fell for a third day against the dollar on the Nigerian interbank market after...

  • Posted August 2, 2012
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  Naira Declines as Oil Prices Fall

  The naira declined, paring its first monthly gain in three against the dollar, as Nigeria’s...

  • Posted July 31, 2012
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  Sanusi Says Nigeria Won’t Drain Reserves To Shield Naira

  Nigerian Central Bank Governor Lamido Sanusi made the following comments after a meeting of...

  • Posted July 24, 2012
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  Naira Depreciates as Inflation Rises

  Nigeria’s naira depreciated the most in almost a month after inflation accelerated. The currency...

  • Posted July 18, 2012
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  Naira falls as CBN fails to meet Dollar demand

  The naira depreciated after the Central Bank of Nigeria failed to meet accumulated demand for dollars...

  • Posted July 16, 2012
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  Corporate Nigeria’s Top Forex Consumers, Buy $ 1.8 bn from CBN in Q1

  The Central Bank of Nigeria (CBN) sells foreign exchange bi-weekly through its Wholesale Dutch...

  • Posted July 16, 2012
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  Naira Falls as Crude Oil Price Declines

  The naira weakened, snapping three days of gains against the dollar as crude, Nigeria’s...

  • Posted July 11, 2012
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  Naira Gains To 1-Month High As Central Bank Meets Dollar Demand

  The naira strengthened to the highest in more than a month, gaining for a...

  • Posted July 10, 2012
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  Naira Gains For Second Day On Bank Supply, Dollar Sale Bets

  The naira strengthened for a second day, heading for the biggest gain in more...

  • Posted July 4, 2012
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  Naira Depreciates As Inflation Concern Slows Inflows

  The naira weakened against the dollar as concern inflation may accelerate slowed inflows and...

  • Posted July 2, 2012
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