Naira depreciates to N358.7/$ as CBN injects $210m
The Naira, yesterday, depreciated by 70 kobo to N358.7 per dollar in the parallel market even as the Central Bank of Nigeria (CBN) injected $210 million into the inter-bank forex market.
Naira down to N361.5 at parallel market
The naira yesterday depreciated by 50 kobo to N361.5 per dollar in the parallel market even as volume of dollars traded in the Investors and Exporters (I&E) window rose by 23 percent.
Naira depreciates to N360.95/$ in I&E window
The Naira, yesterday, depreciated by 17 kobo to N360.95 per dollar in the Investors and Exporters (I&E) window.
ABCON says review of FX rate to BDCs has made naira firmer
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Tuesday said the downward review of the rate the Central Bank of Nigeria (CBN) sells dollars to BDCs had made the naira firmer.
Naira depreciates to N361.12/$
The Naira, yesterday, depreciated by 27 kobo to N361.12 per dollar in the Investors and Exporters (I&E) window where the volume of dollars traded stood at $242.69 million.
Currency swap: Naira will gain strength against dollar, says economist
An economist, Dr Chijioke Ekechukwu, says the naira will gain strength against the dollar when the Nigeria -China currency swap takes effect.
