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Emefiele Nigeria will be out of recession by June 2017 – CBN Gov

He assured that the downward trend in the parallel market in favour of the Naira would be sustained by the CBN through its needed interventions and …

CBN sells $25m in new FX window for investors, exporters

CBN sells $25m in new FX window for investors, exporters … The Central Bank of Nigeria (CBN) on Tuesday, commenced interventions in the … also indicate that the naira sustained its value in the forex market, selling at N379 to the …

Dollar to Naira black market rate today Tuesday, 25th April 2017

    The Dollar to Naira black market rate today Tuesday, 25th April 2017 is N383/N390.  The Exchange rate of dollar to naira has seen the naira have mixed fortunes over the last couple of weeks. Earlier in the year 1 usd to ngn black market rate was as high as N500/N520. However, the naira […]

Naira drops to 390/dollar, CBN sells fresh $246m

Naira drops to 390/dollar, CBN sells fresh $246m · Naira drops to 390/dollar, CBN sells fresh $246m. Share this: Click to share on Facebook (Opens in …

CBN injects fresh $246.2m for SMEs, wholesale, invisibles

CBN injесtѕ fresh $246.2m for SMEѕ, whоlеѕаlе, invisibles. CENTRAL Bаnk оf Nigeria (CBN) оn Mоndау ѕауѕ it offered $246.2milliоn to аuthоrizеd …

CBN Weakens Naira For Investors, Struggle To Draw Inflows, Says Sources

The Nigerian naira was quoted 18.3 percent weaker for portfolio investors on Tuesday compared with the interbank rate, a day after the central bank …

CBN to Allow Market Decide Naira Rate on Exchange Window – StocksWatch

STORY BY FELIX OLOYEDE Nigeria’s Central Bank will let the market determine the naira’s rate in a new foreign-exchange window for portfolio investors as the nation struggles to revive its economy amid a dollar shortage, even as Naira forward contracts and banking stocks rose. Governor Godwin Emefiele told senior bankers that he would tolerate the naira weakening […]

Foreign Exchange: Naira rises to N382 per dollar as CBN injects $246m

The positive trend of the Naira continued this week as the official currency of Nigeria rises to 382 Naira per US dollar in the parallel/black market. This improvement is coming as the Central Bank of Nigeria, (CBN) injected another $246.2 million into the countries foreign exchange market. The apex bank of Nigeria, CBN has continued […]

CBN Consistent Interventions Stabilize Naira At N385/Dollar

Consistent intervention of the Central Bank of Nigeria (CBN) may have finally stabilized the Naira at N385 per Dollar at the parallel market yesterday, …

Naira Drops As CBN Intervenes With Fresh $246m

The naira on Monday dropped, closing at N390 against the United States dollar at the parallel market. The local currency which recorded gains early last week had closed at 380/dollar on Friday. CBN Suspends Cashless Policy, Directs Banks To Refund Customers While it continued to hover between 380/dollar and 410/dollar in the past two weeks, […]

BREAKING NEWS: Naira appreciates, stabilizes as CBN pumps $246.2 million into foreign exchange market (See exchange rate)

The Nigerian Naira appreciated and stabilised on Monday as the Central Bank of Nigeria pumped another $246.2 million into the foreign exchange market. DailyGlobeWatch recalls that as of Friday last week the US dollar closed at N385 as against N382 on Monday with a marginal drop of N3:00 following the CBN intervention in foreign exchange […]

Naira quoted 18% weaker at investors’ FX windowNaija247news

Nigerian naira notes are seen in this picture illustration March 15, 2016. REUTERS/Afolabi Sotunde/Illustration/File Photo – RTSFNNR LAGOS, April 25  – The Nigerian naira was quoted 18.3 percent weaker for portfolio investors on Tuesday compared with the interbank rate, a day after the central bank said it would allow investors to trade the currency at […]

Naira rises to N382 as CBN injects $246m

The naira Monday rose to $382 per dollar in the parallel market even as the Central Bank of Nigeria (CBN) injected another $246.2 million into […]The post Naira rises to N382 as CBN injects $246m appeared first on FINANCIAL WATCH. Read on the original site

Naira Now 382 To A Dollar As CBN Injects $246m – Nairaland / General

The naira Monday rose to 382 per dollar in the parallel market even as the Central Bank of Nigeria (CBN) injected another $246.2 million into the foreign exchange market. A survey of the parallel market revealed that the parallel market exchange rate which closed on Friday at N385 per dollar, dropped to N382 per dollar […]