Nigerian naira appreciated to 363 naira to the dollar at the parallel market as Central Bank of Nigeria, CBN, continues to mop up liquidity in the forex exchange market.
The currency on Thursday, however, dropped 0.02 per cent at the CBN official market to 305.65 naira to a dollar.
At the I&E...
Nigerian Naira on Tuesday appreciated marginally against the dollar at the parallel market.
This is coming as the Central Bank of Nigeria (CBN) injected another $250m into various segments of the inter-bank foreign exchange market o Tuesday.
The currency gained N1 to exchange at N364 to the...
cbn injects dollars
central bank of nigeria
Nigerian naira is expected to firm up coming days as the Central Bank of Nigeria (CBN) again injected $418m into foreign exchange market.
The intervention - came a day after the Apex bank injected about $413 million - which cut across various segments of the inter-bank forex market, was aimed...