Browsing: Central Bank of Nigeria
The Nigerian naira recovered from the US dollar and other foreign currency demand invasions in the just concluded week…
Naira Plunges to N1670 after FX Auction to Banks The naira sank deep in the foreign exchange market in the…
US dollar liquidity improved in the foreign exchange market this week. As a result of the reduction in demand for foreign currency
Naira Rises as Nigeria’s US Dollar Reserves Hit 27-Month High The naira rose against the US dollar in the foreign…
The average yield reduced as trading activities on Nigerian Treasury bills ended on a bullish note in the secondary market on the back of investors increasing bets on naira assets.
Equities Investors Lose N56bn as Banks, Oil Stocks Plunge Equities investors lost more than N56 billion on the Nigerian Exchange…
Nigeria’s gross external reserves balance increased to about $37.869 billion amidst sustained foreign currency inflows into the economy, data from the Central Bank (CBN) showed.
The naira fell by 54 basis points to N1,667 against the US dollar midweek as the foreign exchange (FX) market crisis deepened.
Nigeria’s Sovereign Eurobond Yield Rises to 9.75% Eurobond: The market has continued to gauge the impacts of US Fed rate…
Naira Falls by 6% as FX Market Crisis Gets Messy The naira fell sharply by about 6% in the foreign…