inter bank rate

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    Business Naira Weakens 0.1% to 316.40/USD

    The naira on Thursday weakened by 0.1 per cent to 316.40 against the US dollar at the inter-bank market, a month after the Central Bank of Nigeria decided to remove peg on the country currency. Meanwhile, at the parallel market the currency crashed to N390 per dollar from it previous trading...
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    Business Naira Watch: Tracking Nigeria's Currency [Day 28]

    The naira exchange rate on Monday appreciated at the inter-bank market closing at N316.50 as against its closing rate last Friday of N319.75 to a dollar. The currency had on Thursday closed at N316.13 to a US dollar on Thursday as the market continued to find its path of price discovery. On...
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