Dollar holds near highs on trade jitters, Kiwi sinks to 4-year low
#TrackNigeria The dollar held near recent highs on Monday as uncertainty over the U.S.-China trade war encouraged investors to move into the safety of the […]
Dollar
Naira exchanges at N359 to dollar at parallel market
#TrackNigeria The naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at […]
Naira closes at N362.57 to dollar at investors window
#TrackNigeria The naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos. Turnover at the window stood at 293.60 million […]
Retail SMIS: CBN injects $284.2m, CNY36m
#TrackNigeria: The Central Bank of Nigeria (CBN), has injected $284.2 million in the retail Secondary Market Intervention Sales (SMIS). The inter-bank foreign exchange market is […]
Naira gains marginally against dollar at parallel market
The Naira on Monday gained 50 Kobo to trade at N358.5 to the dollar at the parallel market in Lagos, slightly stronger than N359 traded […]
Naira gains marginally against dollar at parallel market
#TrackNigeria The Naira on Thursday gained marginally to the dollar at the parallel market in Lagos, exchanging at N358.5 to the dollar. The Pound Sterling […]
Naira gains marginally against dollar at parallel market
#TrackNigeria: The naira appreciated marginally against the dollar at the parallel market on Thursday, exchanging at N359 to the dollar. The naira was traded at […]
Naira gains marginally against Dollar in parallel market
#TrackNigeria The Naira on Wednesday in Lagos gained marginally against the dollar at the parallel market closing at N359.3 to the dollar. The naira shed […]
Naira sells at N360.72 to dollar at investors window
The Naira on Monday traded at N360.72 to the dollar at the investors window, as market turnover stood at 212.58 million dollars. At the Bureau […]
Oil trading currency from dollar can’t be done overnight – UAE says
The United Arab Emirates’ energy minister said on Monday that the use of the U.S. dollar as the main oil trading currency could not be […]
Dollar edges up as more central banks turn dovish
The dollar edged up on Thursday as many of its peers weakened after more central banks shifted to dovish policy stances amid a deteriorating global […]
CBN intervenes with $ 269.92m, CNY 31.34m in Retail SMIS
In continuation of its periodic intervention in the inter-bank segment of the foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, March 8, […]
Dollar steady, unfazed by Trump address; Aussie hit by rate view shift
The dollar held steady against its peers on Wednesday, showing little reaction to U.S. President Donald Trump’s State of the Union address which touched upon […]
Naira appreciates further at parallel market
By Fabian Ekeruche The Naira on Monday appreciated further at the parallel market in Lagos, exchanging at N358 to the dollar, stronger than N359 it […]
Naira closes at N363.32 to dollar at investors window
By Fabian Ekeruche The Naira on Wednesday closed at N363.32 to the dollar at the investors window. Market turnover at the window stood at 160.08 […]
Yen rises against dollar on weak data; Swiss franc gains
The Japanese yen gained half per cent against the dollar on Friday as investors cut back positions on risky assets after a volatile week in […]
Dollar weakens as cautious Fed leads to rate-hike rethink
The dollar weakened against other major currencies on Thursday as markets took Federal Reserve Chairman Jerome Powell’s comment that U.S. interest rates were just below […]
CBN injects $337.16m, 56.17m CNY into retail Secondary Market Intervention Sales
The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention […]
Naira loses marginally against dollar at parallel market
The Naira on Monday lost 50 kobo to close at N360.5 to the dollar, weaker than N360 posted on Friday at the parallel market in […]
Dollar gains for a second day as markets eye Fed minutes
The dollar edged higher on Wednesday as a rally on Wall Street boosted risk appetite, although gains were capped before the release of Fed minutes […]
Euro steadies as dollar takes a pause
The euro steadied near $1.15 and away from seven-week lows on Wednesday as a fall in U.S. Treasury yields took some steam out of the […]
Pound hits 3-1/2 month high, Euro on fresh Brexit deal hopes
Pound Sterling hits a new 3-1/2 month high versus the euro and added to gains against the dollar on Wednesday on optimism that Britain and […]
Naira weakens against dollar at investors’ window
The Naira on Monday weakened against the dollar at the investor’s (I&E) window, exchanging at N364.28, weaker than N363.68 traded on Friday. Market turnover at […]
Naira strengthens further against dollar at investors’ window
The Naira on Thursday appreciated further against the dollar at the investors’ window, exchanging at N362.78, stronger than N363.10 posted on Wednesday. It exchanged at […]
Forex: CBN injects $303m, CNY 46.58m into Retail SMIS
The Central Bank of Nigeria (CBN), on Friday, September 7, 2018, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This […]