Nigeria auctions Chinese currency in first yuan sale -traders
The Central Bank of Nigeria sold yuan at a range of 49-51 naira at its first auction of the Chinese currency last week, traders said on Monday. The auction, which…
CBN resisted pressure to float the Naira, says Isaac Okoroafor
May 31, 2018 Mr Isaac Okoroafor, the acting Director, Corporate Communications, Central Bank of Nigeria (CBN) says the apex bank resisted suggestions to float the Naira when the country was…
Post-Easter blues: Naira dips marginally against dollar at parallel market
The Naira on Tuesday depreciated marginally against the dollar at the parallel market, exchanging at N361.20 to the dollar. The naira lost 20 kobo from N361 earlier traded before the…
Naira closes at N360.54 per dollar at investors’ window
January 25, 2018 The Naira on Thursday traded at N360.54 to a dollar at the investors’ window, the News Agency of Nigeria (NAN) reports. However, it was sold at N363…
Naira exchanges at N360.56 against dollar at investors’ window
January 17, 2018 The Naira on Wednesday traded at N360.56 against the dollar at the investors’ window, the News Agency of Nigeria (NAN) reports. The Nigerian currency was sold at…