Currency Watch

Nigeria’s $4.5bn balance of payment deficit may put c under pressure
by HOPE MOSES-ASHIKE

The foreign exchange market may be under pressure and the...

CBN opens December forex sale with $210m
by Hope Moses-Ashike 

In its first intervention in the foreign exchange market for...

CBN introduces special $15,000 cash dollar to BDCs ahead of Yuletide 
by Hope Moses-Ashike 

The Central Bank of Nigeria (CBN) has introduced special intervention...

Naira falls to N370/$ in parallel market on sliding oil prices  
by DIPO OLADEHINDE & BUNMI BAILEY

The outlook for naira dimmed yesterday as analysts anticipate pressure...

CBN boosts forex liquidity with $210m
by Hope Moses-Ashike 

The Central Bank of Nigeria (CBN) on Tuesday, November 27,...

Naira declines to N364.28k against dollar at investors' forex window
Naira declines to N364.28k against dollar at investors’ forex window
by HOPE MOSES-ASHIKE

The nation’s currency on Monday, depreciated against the U.S dollar...

Financial markets resume after holiday with naira depreciating marginally
Financial markets resume after holiday with naira depreciating marginally
by HOPE MOSES-ASHIKE

The Nigerian financial markets resumed on Thursday after the public...

Chinese Yuan exchanges N53.35k, dollar for N360
Chinese Yuan exchanges for N53.35k, dollar for N360
by HOPE MOSES-ASHIKE

One Chinese Yuan (CNY 1) exchanges for N53.35k while one...

Currency outside banks rises to N2.2trn
by Hope Moses-Ashike

Currency outside the banking system grew in the fourth quarter...

Further rates convergence expected in forex market
by HOPE MOSES-ASHIKE

Currency dealers, analysts and other stakeholders in the financial services...

Nigeria to sell 140 bln naira bonds on June 21 – debt office
by Reuters

Nigeria plans to auction 140 billion naira ($460 million) in...

Naira to strengthen further as CBN injects $413.5m into forex market
by HOPE MOSES-ASHIKE

The naira is expected to firm further against foreign currencies...