inter-bank market
-
P
Business Naira Watch: Tracking Nigeria's Currency [Day 54]
Nigerian naira on Tuesday maintained trading rate to 314.75 to a United States dollar, the same price it closed the previous day at the inter bank market, fifty- four days after the Central bank of Nigeria removed peg on the nation's currency. Meanwhile, Godwin Emefiele has reacted to the...- ProfRem
- Thread
- exchange rate inter-bank market naira dollar rate naira watch tracking nigeria's currenc
- Replies: 0
- Forum: Business News Links
-
P
Business Nigeria: Forex Market Records $327 Million Trade in One Day
The interbank market recorded an unprecedented inflow of USD327 million, yesterday, with a single transaction of USD270 million by foreign investors. This development drove interbank rate down to N305.5/ USD1, from last Friday’s closing rate of N314.95/ USD1. Bank treasurers said the...- ProfRem
- Thread
- cbn foreign investors forex market inter-bank market nigeria news nigerianbulletin
- Replies: 0
- Forum: Business News Links
-
P
Business CBN Intervenes As Naira Falls to All-Time-Low
The Central Bank of Nigeria (CBN), yesterday, intervened to save the naira, as the currency hit all-time-low at 350 to a dollar equivalent to 77.67 per cent dropped at the inter-bank foreign exchange market. The fall was the lowest value since the commencement of the flexible exchange rate...- ProfRem
- Thread
- cbn central bank of nigeria flexible exchange rate policy inter-bank market naira nigeria news nigerianbuleltin
- Replies: 0
- Forum: Business News Links
-
P
Business Naira Gains 0.7% to 315/USD
Nigerian naira Wednesday gained 0.7% to 315.25 to a US dollar at the inter-bank market as at 11.32 am in Lagos, commercial hub of the country. The naira to dollar 3 month non deliverable forwards fall 0.3% to 349 to the US currency. Meanwhile, On Tuesday, President Muhammadu Buhari’s Economic...- ProfRem
- Thread
- buhari’s economic management team dollar-naira rate exchange rate inter-bank market naira watch nigerian naira
- Replies: 0
- Forum: Business News Links
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.