The Central Bank of Nigeria (CBN) had last Friday, allocated the total sum of $240 million to the Retail Secondary Market Intervention Sales (SMIS) for spot and forward deals for the Eid Fitr holidays.
The Bank, also confirmed the sale of forex to dealers in the Bureau de Change (BDC) segment...
naira dollar ratenairaratenigerianairaratetodaynigeria news
Nigerian naira on Friday sustained trading at the parallel and black market segments.
Table below shows today's naira rate against dollar, pound and euro at the parallel and official market segments: ...
nairaratenaira to dollar ratenigerianaira exchange ratetodaynigerianairaratetodaynigeria news
Nigerian naira on Wednesday opened on the bullish side against the Euro and Pound at the parallel market.
Table below shows today's naira rate against dollar, pound and euro at the parallel and official market segments:
Nigerian naira on Wednesday sustained gain at the parallel market.
The stability was attributed to weak demand for dollar and increased supply due to dollar sale to bureaux de change by the Central Bank of Nigeria (CBN).
Table below shows today's (21/06/2017) exchange rate of the Nigerian...
nairaratenaira to dollar ratenigerianairanigerianaira exchange ratetodaynigerianairaratetoday
Nigerian naira is expected to firm up coming days as the Central Bank of Nigeria (CBN) again injected $418m into foreign exchange market.
The intervention - came a day after the Apex bank injected about $413 million - which cut across various segments of the inter-bank forex market, was aimed...
Nigerian naira maintained stability on Tuesday morning as the Central Bank of Nigeria intervened in the inter-bank foreign exchange market with $413.5 million on Monday.
The move is part of efforts by the Apex bank to guarantee liquidity in the system.
Table below shows today's (13/06/2017)...
aboki nairaratetodaynairaratenaira to dollar ratenigerianaira exchange ratenigerianairaratetodaynigeria news
today's nairarate against dollars
Nigerian Naira continued to sustain gain at the parallel markets and move closer inch to converge with the Official market rate as the Central Bank of Nigeria (CBN) make steady interventions at the foreign exchange market.
The CBN has since February been pumping in dollars in all segments of...
bureau de change
central bank of nigerianairaratenigerianairaratetodaynigeria news
small and medium enterprises
Naira traded bullish last week gaining 1.57 per cent to exchange at N380 from N386 per dollar it opened on Monday in the parallel market.
This development is coming as the CBN conducted its weekly Secondary Market Intervention Sales (SMIS) auction at the official foreign exchange market.
cbn mpc meeting
Nigerian naira on Friday closed flat against the United States dollar at 391 and crashed to 500 from 495 against the pound sterling at the parallel market.
The currency also depreciated by 2 naira to close at 422 against the Euro.
Trading at the interbank market saw the Naira closing at...
central bank of nigeria
naira and dollar ratenairarates
Nigerian naira on Monday depreciated against the United Stated dollar to 390 per dollar,
despite Central bank of Nigeria CBN, intervention to close forex margin between official and parallel market.
The currency also depreciated against the Pound sterling and Euro at the street market to 495...
aboki nairaratenairaratenairarate at aboki
Nigerian naira recorded 5.19 per cent at the Bureau De Change, BDCs, market this week, following interventions in the foreign exchange market with dollars by the Central Bank of Nigeria.
The currency firmed up at parallel market on Friday trading at N385 to the United States Dollar in Lagos...
naira recorded 5.2% gain
naira to dollar ratenaira to dollar ratetodaynigerianairaratetodaynigeria news
nigeriarate this week
Nigerian naira on Thursday appreciated to 385 per dollar at the parallel market as Central Bank Of Nigeria, CBN, sold $20,000 to Bureax de Change (BDCs) for onward sale to small-end users.
The currency gained 15 naira against the Euro to close at 410 from 425 and 5 naira from 500 to 495...
central bank of nigerianigerianairaratetodaynigeria news
Nigerian naira on Wednesday extended gain at the parallel market, appreciating by 1.75 per cent to close at 400 against the United States Dollar.
The currency remained stable against the pound sterling and gained 10 naira to close at 420 against the Euro.
At the official market segment, the...
The Naira is expected to appreciate on the street this week, following the Central Bank of Nigeria’s plan to increase dollar sale to retail currency bureaus.
The Central Bank is planning to raise dollar sales to Bureau De Change to $40,000 from the present $20,000, which will improve liquidity...
aboki fx ratenaira against us dollar
Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), has said that CBN-licensed BDCs incurred regulatory losses of 130 million naira this week.
Gwadabe disclosed on Friday in Lagos that the losses were coming from the CBN’s disparity in applicable...
alhaji aminu gwadabe
association of bureau de change operators
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