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Parallel market: Naira closes flat at N360/$

Story by Kayode TokedeWith the absence of Central Bank of Nigeria weekly foreign exchange intervention, the naira traded flat at N360 against the dollar...

CBN defends Naira with $430.04m, CNY 28.3m 4days as Naira trades...

The Central Bank of Nigeria (CBN) between August 6 and 9 has defended Naira with an accumulative $430.04 million and CNY 28.3 million, our...

Crashing oil prices tighten liquidity on forex market

Naira weakened to 364 per dollar at the weekend from N363.50 the previous day as falling oil prices tightened liquidity on the currency market,...

Naira closes at N360/$ at Parallel Market

The naira last week appreciated to N360 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at...

Naira closes at N359.3 to dollar at parallel market

The Naira on Monday traded at N359.3 to the dollar at the parallel market in Lagos.The Pound Sterling and the Euro closed at N463...

Business operators  expect naira to appreciate in July, CBN survey reveals

Story by Kayode  TokedeThe latest Central Bank of Nigeria's (CBN) monthly Business Expectations Survey (BES) report has shown that majority of businesses in the...

Naira trades flat amidst Eid-Al-Fitr celebration

The Naira trades flat at parallel market and official market over Muslim faithful celebration of Eid-Al-Fitr across the world.The two-day public holiday declared by...

Naira depreciates by 0.03% at Interbank amid CBN’s $210m intervention

The Naira weakened against the dollar last week by 0.03 per cent at the interbank segment of the foreign exchange market.The local currency depreciated...

Naira at I & EFX gains 0.04% to N360.88/Dollar

Story by Kayode TokedeNaira trading at the Investors & Exporters Foreign Exchange (I&E FX) gained 0.04 per cent to close last week at N360.88...

Naira remains stable at parallel market

The Naira on Thursday remained stable at the parallel market in Lagos, exchanging at N359.3 to the dollar.The Pound Sterling and the Euro traded...
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