Browsing: Naira

The Nigerian naira exchange rate left the hook with more than 3% day on day gain against the dominant US dollar in the currency market on Wednesday.

The naira faltered against the US dollar in the currency market on Tuesday as FX liquidity level was drained by increase demand for imports, and other related

The Nigerian naira strengthened against the US dollar in the foreign currency market on Monday, according to data obtained from the FMDQ Exchange platform.

Ahead of $500 million domestic US dollar bond sales, the naira exchange rate plunged while the external reserves balance nosedived, according to data.

Naira Reclaims Value as FX Market Liquidity Tightening Eases The Nigerian naira reclaimed value, appreciated by 1.36% day on day…

The Nigerian naira sagged for second trading sessions in the official FX market due to scarcity of US dollars.  The naira has started downward pricing amidst

Treasury Bill, OMO Yields Diverge ahead of Inflation Data The average yield on Nigerian Treasury bills and the OMO moved…

The naira exchange rate worsened in the official currency market on Tuesday, reversing successive daily gains that followed the Central Bank of Nigeria’s (CBN)

The Nigerian naira continued to appreciate in the official foreign exchange market following flood of US dollar sold to the authorised dealer banks last week.

Investors Trim Treasury Bills Holdings as CBN Cuts Rate The average yield on Nigerian Treasury bills jumped in the secondary…