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Dollar to Naira black market rate today Friday, 16th June 2017

Dollar to Naira black market rate today Friday, 16th June 2017 Naira to dollar black market rate today Friday, 16th June 2017 Dollar to Naira black market rate today Friday, 16th June 2017 is N364/N370.  The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during […]

Dollar to Naira black market rate today Thursday, 15th June 2017

Dollar to Naira black market rate today Thursday, 15th June 2017 Naira to dollar black market rate today Thursday, 15th June 2017 Dollar to Naira black market rate today Thursday, 15th June 2017 is N364/N369.  The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during […]

Nigeria’s Central Bank Announces Plans to Raise N200 million from T-Bills

As a follow up on some monetary measures currently pursued by the Federal government through the country’s apex bank, the Central Bank of Nigeria has announced latest moves to further stabilize the currency and the economy in general. Nigeria, has in the last 18 months experienced some of the worst economic recession in its political […]

CBN 11% Inflation Target In 2017 “largely Optimistic”—report – Business

By Modupe Gbadeyanka Analysts at WSTC Financial Services Limited have described the 11 percent inflation rate target set by the Central Bank of Nigeria (CBN) as “largely optimistic.” On Tuesday, CBN Governor, Mr Godwin Emefiele, disclosed that the apex bank was targeting an inflation rate of between 10-11 percent at the end of this year. […]

Jonathan’s Aide Blast CBN, Accuses Buhari Of Depleting Economy

Reno Omokri, former aide to ex-President Goodluck Jonathan, has counter the little victories of the CBN in strengthening the naira against the dollar, asserting that the true value of the Naira stands at about N1000 to $1. He said this on Thursday night via his Facebook page. Recall that CBN reported a marginal gain against the United States dollar at the parallel market on […]

CBN sells treasury bills worth 286.8 bln naira to support currency

LAGOS, June 16, 2017 – The Central bank of Nigeria on Friday held two auctions to sell treasury bills worth 286.8 billion naira ($939.56 million), traders said, as the regulator moved to tighten liquidity and curb speculation on the local currency. Traders said the debt sale reduced the level of naira liquidity in the money market […]

Naira maintains strength against Dollar at parallel market, set to appreciate further next week ▷ NAIJ.COM

– Naira closes the week at N367/$1 in black market – Olabisi Ayodeji, a research analyst, says the Naira is expected to strengthen against the United States Dollar next week The Nigerian Naira on Friday, June 16 crashed against the Euro at the parallel market, while retaining its strength against the American Dollar. According to […]

Godwin Emefiele: From zero to hero?

At first, clawing Nigerian economy out from recession ditch was thought to be not only a Herculean task,but one that couldn’t be achieved so fast. But at the rate at which the Naira/dollar exchange rate is converging, putting Nigerian economy back on even keel may be sooner than later. The analogy above may seem simplistic, […]

Naira Rates Converging At Parallel Official Markets As CBN Pumps Fresh $413.5m

Naira Rates Converging At Parallel Official Markets As CBN Pumps Fresh $413.5m | Pinterest Pinterest uses cookies to help give you the best experience we can. Got it! Naira Rates Converging At Parallel Official Markets As CBN Pumps Fresh $413.5m FacebookLog in with Facebook Log in with Google fdb6c7c04f9bac3cb3435a3b600ca6b5

CBN to hold ‘open market’ operation to check inflation – Nigeria News Today 2017 | Wetinberate| Realtime Naira Exchange Rates

The operation would involve mopping up of about N200.322 billion from the banking system. The post CBN to hold ‘open market’ operation to check inflation appeared first on Premium Times Nigeria. Go to SourceAuthor: Premium Times My neighbour must hear this! Related

CBN Moves Against Inflation; Mops up N200 billion in Special OMO – InvestAdvocate

Culled—Proshare June15, 2017/CBN In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion from the Nigerian banking system through a special Open Market Operation (OMO) at the rate of 16 per cent per annum. Rising from a meeting of […]

Naira hold tightly to dollar at parallel market | NigerianTell

Daily Post (Yesterday) Naira on Thursday retained its strength against the dollar, closing at N364 per dollar. The local currently has been having a good show in the market since last week. Naira also maintained the N465 to one Pound and N407 against the Euro rates, as it was on Wednesday, June 14. The naira […]

CBN Plans Sale of 133 Billion Naira Treasury Bill Next Week

THE Central Bank of Nigeria plans to sell N133.24 billion ($424 million) worth of treasury bills at an auction next week, the apex bank said yesterday. The bank said it plans to offer N28.12 billion worth of three-month debt, N55.12 billion in the six-month bill and N50 billion in one-year note, using the Dutch auction […]

CBN Dollar Sales on I&E Forex Window Falls Below 30%

To add to this post “CBN Dollar Sales on I&E Forex Window Falls Below 30%”; you … Naira closes at 364/dollar, CBN plans N133bn TB sale · PUNCH …