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Currency Watch

Naira weakens at investors window as markets close for holiday
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The Nigerian currency weakened against the U S dollar at...

Naira maintains gains as CBN keeps interest rate unchanged
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The nation’s currency on Tuesday strengthened against the U S...

Trading turnover on new I&E FX window hits $1bn
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A turnover of $1.075bn was recorded on the recently introduced...

CBN exchange rate convergence possible as naira firms at N376/$
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With the Monetary Policy Committee (MPC) of the Central Bank...

CBN assures of more interventions for naira stability
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In spite of a lull in forex trading activities towards...

Naira firms as CBN settles backlog forex demand for airlines, fuel
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Naira firmed against the US currency at the investors and...

Forex dealers subscribe less than $100m offered by CBN
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Authorized foreign exchange dealers on Wednesday, subscribe to only $65.94...

Naira to firm as CBN plans more injection into inter-bank market
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As the inter-bank forex market resumes after the Workers’ Day...

Currency in circulation rises to N2.2 trillion in last quarter 2016
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Currency-in-circulation rose by 21.5 percent to N2.2 trillion in the...

CBN mops up liquidity to support naira as overnight rate eases
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The Central Bank of Nigeria sold 107.64 billion naira ($353 million)...

CBN sells $25m in new FX window for investors, exporters
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…as dealers fail to subscribe fully to CBN’s $150m offer...

New FX window to close multiple exchange rates
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…as Naira expected to appreciate to N370 to N375 on...