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Naira weakens marginally against dollar at parallel market
The Naira on Wednesday lost one kobo to exchange at N358.4, weaker than N358.3 traded on Tuesday at the parallel market in Lagos, the News Agency of N...
Naira
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Central Bank of Nigeria’s Yuan auction estimated at N3.6 billion
The Central Bank of Nigeria (CBN) has estimated its first auction of the Chinese Yuan Renminbi (CNY) at N3.6 billion, an exchange rate between N49 and...
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Naira stable as Nigeria’s @CenBank injects $210m into forex market
The Central Bank of Nigeria (CBN) on Tuesday injected $210million into various segments of the foreign exchange market. This is just as the naira main...
Forex: Godwin Emefiele signals @CenBank to begin Yuan-Naira swap implementation
The Central Bank of Nigeria (CBN) yesterday began the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of the Bilateral Curr...
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Nigerian lawmakers ask Central Bank to withdraw mutilated Naira notes from circulation
The house of representatives has asked the Central Bank of Nigeria (CBN) to commence the immediate withdrawal of all mutilated naira notes from all ba...
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Nigerian Naira sells at N360.5 to dollar at parallel market
Barely eight hours after the Central Bank of Nigeria (CBN) reviewed the exchange rate of the Naira against the Dollar at the parallel market, it lost ...
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Guardian: The risks in Nigeria, China $2.5b currency swap deal
For the country to achieve full benefits from the recent currency swap deal, it must develop competitive advantage in the production of certain export...
Nigerian Naira records marginal depreciation on parallel market
The Naira dropped to N363 to the dollar on the parallel market yesterday, compared to the N362 to the dollar it was previously. This is also as the ga...
BREAKING: Central Bank of Nigeria Signs $2.5bn Currency Swap Deal With China
Nigerians doing business with China will no longer have to worry too much about sourcing for dollars. This is a highlight of the execution of a bilate...
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Police arrests six in Ogun state for hawking Naira notes
Operatives of the Nigeria Police Force (NPF) and officials of the Central Bank of Nigeria (CBN) have apprehended six women for hawking naira notes at ...