Tag: Dollars

The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos State, the News Agency of Nigeria (NAN) reports. The Pound Sterling and the Euro also exchanged for N575 and N530 respectively. The Naira, however,...

The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, June 18, 2019, indicated that authorized dealers in the wholesale segment of the...

The Naira on Tuesday gained 28 Kobo to exchange at N361.67 to the dollar at the investors window, stronger than N361.95 traded on Monday. Market turnover at the investors’ window stood at 131.99 million dollars. At the parallel market in...

With the resumption of business after the Christmas and Boxing Day festivities, the Central Bank of Nigeria (CBN) on Thursday, December 27, 2018, intervened in the inter-bank sector of the Foreign Exchange market, injecting $210 million in the wholesale segmen...

As a follow up to last Friday’s injection of $389 million into the retail segment of the Foreign Exchange Market (FOREX),  the Central Bank of Nigeria (CBN) on Monday,  intervened with the sum of $81.2 million in the invisibles and...