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CBN offers $100m in Wholesale forward as Naira closes N385

CBN offers $100m in Wholesale forward as Naira closes N385/$. Posted on April 27, 2017 by Nigerian Oracle. Please follow and like us: 8 …

Don’t Float The Naira |

Don’t Float The Naira Leadership Editors — Apr 28, 2017 3:26 am | The debate on the advisability of floating the Nigerian currency, the Naira, resurfaced at the just concluded Spring Meetings of the World Bank and International Monetary Fund (IMF). One of the points raised by the proponents of floating the naira […]

CBN Offers $100m To Forex Dealers In Wholesale Forwards |

CBN Offers $100m To Forex Dealers In Wholesale Forwards By MARK ITSIBOR — Apr 28, 2017 3:07 am | Buoyed by the impact of its interventions and stability in the foreign exchange market, the Central Bank of Nigeria (CBN) yesterday, offered the sum of $100 million to authorised currency dealers to meet the […]

Naija Dailies: Nigerian Business News | Naira closes at 390/dollar as CBN sells $100m

   Top Nigerian Dailies    Most Read Nigerian News    Certified Global Alexa Rank Naira closes at 390/dollar as CBN sells $100m The Punch  – Oyetunji Abioye The naira depreciated from 388 per United States dollar on Wednesday to 390dollar on Thursday as […]

CBN sells dollar at N360 to BDCs

The Central Bank of Nigeria yesterday sold $20,000 to each registered Bureau  de Change operators who bided for forex yesterday at a rate of 360 naira per dollar in order to boost liquidity. A Trader, Shehu Usman confirmed to Daily Trust that the CBN fulfilled their promise which brought stability in the forex market.  […]

Naira closes at 390/dollar as CBN sells $100m

Naira closes at 390/dollar as CBN sells $100m. Posted on April 27, 2017 by Nigerian Oracle. Please follow and like us: 8 …

CBN creates special forex window for investors, exporters

The Central Bank of Nigeria (CBN) has established a special Foreign Exchange (forex) widow for investors and exporters. Its Director, Financial Markets, Dr. Alvan Ikoku, said the purpose of the window was to boost liquidity in the forex market and ensure timely execution and settlement of eligible transactions. He listed eligible transactions under the new […]

Bankers’ Committee gets tough with cyber criminals

The Bankers’ Committee on Thursday issued a strong warning to e-fraudsters, declaring that serial offenders will be taken out of the banking system. Speaking on behalf of the committee members, Access Bank Managing Director, Herbert Wigwe, said banks were working out modalities that would enable them to establish a central database to identify and punish […]

Dollar to Naira black market rate today Thursday, 27th April 2017

The Dollar to Naira black market rate today Thursday, 27th April 2017 is N385/N391.  The Exchange rate of dollar to naira has seen the naira has last couple of weeks. Earlier in the year 1 usd to ngn black market rate was as high as N500/N520. However, the naira exchange rate to major world currencies […]

Naira falls slightly against Dollar at parallel market ▷ NAIJ.COM

– The Naira has crashed against Dollar but stayed unchanged against Pound and Euro at parallel market – Trading at the interbank window saw the Naira close at N305.85 to the Dollar – Nigeria has five rates: the official rate, the black market, a rate for Muslim pilgrims going to Saudi Arabia, a retail rate […]

Today’s Naira Exchange Rate Against The Dollar, Pounds And Euro (Thursday 27th April, 2017)

Good morning this morning! If you are in search of the Naira exchange rates today, then you have found the right page. Here is the Naira Exchange Rate Against the Dollar, Pounds And Euro for today, Thursday 27th April, 2017. This exchange rate daily update is proudly brought to you by Fabinfos.com See full exchange […]

CBN Auctions $186m through Retail SMIS

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele  Settles $965.29m maturing FX futures contracts on FMDQ Obinna Chima
 Following last Tuesday’s  assurances by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, that the CBN would continue to intervene in the foreign exchange market, the bank wednesday auctioned […]

FG Partners ADB To Fund Coal Initiatives |

Power Generation: FG Partners ADB To Fund Coal Initiatives By Bukola Idowu — Apr 27, 2017 2:50 am | As the Central Bank of Nigeria (CBN) continues its in its supply of dollars at the foreign exchange market at both the interbank and bureau de change end of the markets, the external reserves […]

Naija Dailies: Nigerian News | Naira Watch | CBN auctions $185.86m in Retail SMIS as Naira stable at N382/$

   Top Nigerian Dailies    Most Read Nigerian News    Certified Global Alexa Rank 1 Buhari: Police hunt for cop who vowed to kill 200 – The Punch, 5 hours ago 2 Biafra: Fayose, Ekweremadu to […]