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All posts tagged "interbank market"

  • External reserves drop to $46.87billion as Naira hits one year low

    Nigeria’s external reserves continued its lacklustre performance since this quarter as it fell to $46.871 billion on Wednesday, its lowest value this month. This was just as the naira also weakened to its lowest value against the...

    • Posted September 1, 2013
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  • Naira weakens against the dollar

    The naira, on Monday, closed flat against the U.S dollar on the interbank market as two multinational oil companies sold about $107 million to some lenders. Exxon Mobil sold $72.2 million, while Italian oil firm, Eni’s Nigerian...

    • Posted August 27, 2013
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  • CBN to sell N310.94billion treasury bills Thursday

    The Central Bank of Nigeria (CBN) will sell treasury bills worth N310.94 million on Thursday, according to the Financial Market Dealers Association (FDMA) in Lagos. The association said in its daily report on Wednesday, in Lagos, that...

    • Posted April 11, 2013
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