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Currency Watch

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...

BDCs want CBN to review dollar-buying rate to sustain naira gains
by Hope Moses-Ashike

Association of Bureaux De Change Operators of Nigeria (ABCON) has...

CBN to sanction OFIs for non-compliance with credit bureaux
by HOPE MOSES-ASHIKE & GIFT DIKE

Henceforth, the Central Bank of Nigeria (CBN) will begin to...

Exchange rate converges at BDC, black market after CBN liberalise interbank
by HOPE MOSES-ASHIKE

Foreign exchange rate between the Bureau De Change (BDC) and...

Naira to maintain gains this week
by HOPE MOSES-ASHIKE

The naira, which strengthened to between N376 and N370 per...

Rates converge as CBN injects more dollar
by Hope Moses-Ashike

In spite of the naira’s strong showing in the foreign...