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Business Naira Watch: Tracking Nigeria's Currency [Day 10]
Nigerian Naira, Friday fell against the dollar, trading at 282.13 to a US dollar, ten official business day after the Central Bank of Nigeria removed peg on the country's currency rate. The new foreign exchange policy received a million foreign investment boost as the Central Bank of Nigeria...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 8]
Nigerian Naira, Wednesday gained slightly against the dollar, trading at 282.25 to a US dollar, eight official business day after the Central Bank of Nigeria removed peg on the country's currency rate. Nigeria's President, Muhammadu Buhari had stated that he sees no benefit in the Central Bank...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 6]
Nigerian Naira on Monday retreated against the dollar by 0.4% to 282.72 vs US dollar, six official business week after the Central Bank of Nigeria removed peg on the country's currency rate. The Central Bank of Nigeria (CBN), today, made history in the Nigerian foreign exchange market as it...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 5]
Nigerian Naira on Friday maintained gain .5% against US Dollar at the inter-bank market, five days into the flexible exchange rate policy of the Central Bank of Nigeria. Naira traded 280.10 to United States Dollar as of 12:30pm in Lagos, nation’s commercial hub, according to data retrieved from...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 3]
Nigerian Naira steady against the United States dollar on the third day of the peg off regime of the Central Bank of Nigeria. Related: Naira Watch: Tracking Nigeria's Currency [Day 2] Day 2 closed at N284.50 Today Open: N282 High Rate: N286 Low: N280.50 Close: N282.50 The central bank...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 2]
The naira plunged by 31 per cent to 288.85 against the United States dollar on Monday at the close of trading at the newly established interbank market. The local currency also depreciated at the parallel market where it closed at 346 to the greenback, down from around 330 and 335 on Friday...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 1]
Naira weakens to 24% to 260 against United States Dollar as of 11.06am in Lagos, commercial capital as Central Bank of Nigeria allows currency to trade freely, according to a data gathered from the Bloomberg terminal. Earlier the Naira weakened to N253 to a dollar as the operation of the inter...- ProfRem
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