Kaduna: Police arrest four over sale of Naira notes
News
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News
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Kaduna: Police arrest four over sale of Naira notes

Webby - June 17, 2019

Four persons have been arrested by the Police in Kaduna, accused of illicit trading in naira notes. The Commissioner of Police (CP) in Kaduna state, Mr Aji…

Naira down at N358.5/$ in parallel market
Business
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Business
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Naira down at N358.5/$ in parallel market

Ademola Yakubu - March 26, 2019

The naira yesterday depreciated to N358.5 per dollar in the parallel market. According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux De Change…

Naira gains against dollar at investors window
Business
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Business
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Naira gains against dollar at investors window

Ademola Yakubu - March 15, 2019

Lagos – The Naira on Friday gained against the dollar at the investors window, exchanging at N360.18 to the dollar.The naira had exchanged at N360.36 to the…

Naira down at N362.58 /$ in I&E window
Business
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Business
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Naira down at N362.58 /$ in I&E window

Ademola Yakubu - January 24, 2019

By Elizabeth Adegbesan The Naira yesterday depreciated to N362.58 per dollar in the Investors and Exporters (I&E) window due to a 73 percent decline in the volume…

Naira gains 38kobo as reserves increase by $123.8M
Business
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Business
31 views

Naira gains 38kobo as reserves increase by $123.8M

Ademola Yakubu - November 24, 2017

By Adaeze OkechukwuThe naira, yesterday, appreciated by 38 kobo to N360.27 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window, even as the external reserves…

Naira depreciates to $360.65/$ in NAFEX
Business
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Business
28 views

Naira depreciates to $360.65/$ in NAFEX

Ademola Yakubu - November 22, 2017

By Adaeze OkechukwuThe Naira,  Wednesday, depreciated for the first time this week to N360.65 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window. Data from…

Investors, FG disagree over Naira stability
Business
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Business
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Investors, FG disagree over Naira stability

Webby - November 6, 2017

By Odunewu Segun While the Federal Government of Nigeria are increasingly confident that Nigeria’s local currency, Naira, woes in the last two years are over for good,…

Naira remains stagnant despite $480m intervention
Business
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Business
32 views

Naira remains stagnant despite $480m intervention

Webby - October 30, 2017

External reserves hit $33.6bn By Odunewu Segun Nigeria’s Naira remained stagnant in the foreign exchange market over the weekend despite the $480.7 million intervention by the Central…

Naira maintains stability as CBN sells $285.70m
Business
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Business
48 views

Naira maintains stability as CBN sells $285.70m

Webby - October 28, 2017

By Odunewu Segun The Central Bank of Nigeria (CBN) on Friday injected $285.7 million into the Inter-bank foreign exchange market in order to ease the pressure of…

Naira depreciates to N360.13/$ in NAFEX as CBN injects $195m
Business
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Business
54 views

Naira depreciates to N360.13/$ in NAFEX as CBN injects $195m

Ademola Yakubu - October 23, 2017

By Peter EgwuatuThe naira, yesterday, depreciated marginally to N360. 13 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window., just as the Central Bank of…

Naira rises to 360.42/$ at NAFEX
Business
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Business
38 views

Naira rises to 360.42/$ at NAFEX

Ademola Yakubu - October 17, 2017

By Adaeze Okechukwu The naira, Tuesday, appreciated to N360.42 per dollar in the Investors and Exporters (I&E) Foreign Exchange Window for the first time this week. Data…

Naira down to 360.75/$ at NAFEX
Business
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Business
49 views

Naira down to 360.75/$ at NAFEX

Ademola Yakubu - October 17, 2017

By Peter EgwuatuThe Naira, yesterday, depreciated to N360.52 per dollar in the Investors and Exporters (I&E) Foreign Exchange, forex Window. Data from the Financial Market Dealers Quote,…

Cash squeeze bites harder as overnight rate drops to 20%
Business
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Business
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Cash squeeze bites harder as overnight rate drops to 20%

Webby - October 13, 2017

Nigeria’s overnight lending rate has dropped to 20 percent amidst expectation that a cash squeeze will ease after money market rates more than doubled previous session. Nigeria’s…

Naira appreciates to 360.31/$ at NAFEX
Government
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Government
54 views

Naira appreciates to 360.31/$ at NAFEX

Ademola Yakubu - October 10, 2017

By Adaeze OkechukwuThe naira, Tuesday, appreciated to N360.31 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window. Data from the Financial Market Dealers Quote, FMDQ,…

Naira depreciates to 360.46/$ in NAFEX
Business
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Business
42 views

Naira depreciates to 360.46/$ in NAFEX

Ademola Yakubu - October 5, 2017

By Adaeze OkechukwuThe naira, yesterday, depreciated for the first time this week to N360.46 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window. Data from…

Naira depreciates to 360.46/$ in NAFEX
Business
40 views
Business
40 views

Naira depreciates to 360.46/$ in NAFEX

Ademola Yakubu - October 5, 2017

By Adaeze OkechukwuThe naira, yesterday, depreciated for the first time this week to N360.46 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window. Data from…

Naira maintains stability as CBN pumps more Dollar
Business
54 views
Business
54 views

Naira maintains stability as CBN pumps more Dollar

Webby - October 4, 2017

The Naira recorded some marginal growth against the United States of America Dollar on Tuesday at the parallel market, exchanging for N364 as against the N365 to…

Naira maintains stability as CBN pumps more Dollar
Business
33 views
Business
33 views

Naira maintains stability as CBN pumps more Dollar

Webby - October 4, 2017

The Naira recorded some marginal growth against the United States of America Dollar on Tuesday at the parallel market, exchanging for N364 as against the N365 to…

How CBN resisted pressures to devalue Naira
Business
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Business
42 views

How CBN resisted pressures to devalue Naira

Webby - October 2, 2017

It is an open secret that some international financial institutions such as the World Bank and the International Monetary Fund (IMF) were campaigning for the float of…

CBN boost dollar liquidity, injects fresh $308.5m
Business
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Business
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CBN boost dollar liquidity, injects fresh $308.5m

Webby - September 30, 2017

The Central Bank of Nigeria has injected another $308.5 million into the foreign exchange retail segment market to further ensure liquidity and stability in the forex market.…