Browsing: Central Bank of Nigeria
Naira Rises to N1500, Exchange Rates Gap Collapsed to N50 The naira rose against the US dollar across foreign exchange…
Naira Lost N20.82 after Two Months Gaining Streaks The naira declined against the US dollar by N20.82 after two months…
Naira Gains 4.3% on Tripartite FX Inflows Sources The Nigerian naira experienced a rapid yet strong rally in the currency…
FCMB Profit Increases by 16% to N107 Billion FCMB Group Plc profit after tax climbed by about 16% year on…
Naira Plunges as Banks Resume FX Sales to Customers The naira plunged in the official foreign exchange (FX) market on…
Naira Mixed as Analysts Differ on FX Market Outlook The naira traded on a mixed note against the US dollar…
NGX Swells by N155bn as Insurance Stocks Attract Attention The Nigerian Exchange (NGX) opened the New Year with N155 billion…
The spot interest rate on the Nigerian Treasury bill was adjusted upward by 10 basis points (bps) at the primary market auction sales on Friday. MarketForces Africa reported that the Central Bank of Nigeria (CBN), through the Debt Management Office (CBN), auctioned N332.53 billion to investors.
CBN Defends Naira, Sells Dollars to Banks 4 Times The Central Bank of Nigeria (CBN) became aggressive in its forex…
The money market saw a sharp increase in interbank rates at the start of the week, reversing a previous trend, as there were no notable inflows to improve the financial system’s liquidity balance.