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 on Friday. The Pound Sterling and the Euro closed at […]
#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 and the Euro closed at N462 and N407, respectively. At […]
#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 the segment at N461 and N407 against the Pound Sterling […]
#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 20 Kobo from N359.5 traded on Tuesday, while the Pound […]
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 De Change (BDC) window, the naira was sold at N360 […]
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 changed overnight. “Trading with the U.S. dollar is something you […]
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 economic outlook. The latest switch came from the Reserve Bank […]
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, 2019, injected the sums of $269.92 million and CNY 31.34 […]
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 trade and budget issues but provided investors with few surprises. […]
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 traded on Friday. The Pound Sterling and the Euro traded […]
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 million dollars. At the parallel market, the naira traded at […]
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 global stock markets. This followed concerns about a trade dispute […]
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 neutral as a signal that a three-year rate-hiking cycle is […]
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 in the inter-bank foreign market for November. A statement issued […]
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 Lagos. The Pound Sterling and the Euro closed at N480 […]
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 later in the day. Still, moves were muted in currency […]
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 dollar’s recent run. Rising Treasury yields and concern about the […]
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 the European Union can agree a Brexit deal soon. Britain’s […]
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 the I &E window stood at 191.92 million dollars. At […]
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 N306.25 to the dollar at the official Central Bank of […]
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 is in addition to the sale of CNY 46.58 million […]
The Naira on Thursday lost 30 kobo to exchange at N358.30 to the dollar at the parallel market in Lagos, weaker than N358 traded on Wednesday. The Pound Sterling and the Euro closed at N475 […]
The International Monetary Fund (IMF) said on Tuesday that the U.S. dollar was over-valued, and that the value could add to growth risks and trade tensions. The IMF, in its annual External Sector Report, in […]
The Naira on Friday firmed up against the dollar at the parallel market, gaining 20 kobo to exchange at N359 to the dollar. The Nigerian currency traded at N359.20 at the market on Thursday, while […]
The Naira on Wednesday exchanged at N359.80 to the dollar at the parallel market in Lagos gaining 20 kobo from N360 exchanged on Tuesday. The Pound Sterling and the Euro, however, closed at N482 and […]
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