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All posts tagged "depreciation"

  • Stockbrokers blame depreciation in shares prices on CRR review

    Stockbrokers in the nation’s capital market have attributed the recent down turn in the market to the review of Cash Reserve Ratio, CRR, by the Central Bank of Nigeria. The CBN had about two months ago reviewed...

    • Posted September 14, 2013
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  • CBN compels banks to buy dollars to halt naira depreciation

    The Central Bank of Nigeria (CBN) on Friday compelled banks to buy dollars at N160.5 per dollar, in a bid to halt the four day depreciation of the naira at the interbank foreign exchange market. The unusual...

    • Posted September 3, 2013
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  • NSE market indices record further depreciation

    Weekly transactions on the Nigerian Stock Exchange (NSE) closed on bearish note on Friday as the market indices depreciated further. The News Agency of Nigeria (NAN) reports that the market indices dropped by 0.34 per cent following...

    • Posted April 26, 2013
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