Tag: Naira
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Maturing OMO Bills To Flood Nigeria With Cash
Nigeria's central bank faces a fresh wave of liquidity in June as about 10.9 trillion naira flows back into the banking system, most of...
Naira Holds Steady Near 1,373 As Spread Narrows
The Nigerian naira held steady against the United States dollar on Tuesday, trading near 1,373 officially as the gap with the parallel rate narrowed...
Naira Holds Steady Against Dollar at Start of February Week
The Nigerian naira maintained stability against the United States dollar on Monday, February 9, trading at 1,363.84 naira per dollar at the official Nigerian...
Naira Strengthens to N1441 Per Dollar After CBN Holds Rates
The Naira gained ground against the US dollar on Tuesday, reaching N1,441 per dollar following the Central Bank of Nigeria (CBN) decision to maintain...
Naira Holds Steady as Black Market Premium Persists
Nigeria's currency maintained its footing at the official foreign exchange market on Friday, October 24, even as street traders continued quoting significantly higher rates...
