Nigerian naira firms, further gains expected – YAHOO!
LAGOS (Reuters) – The Nigerian naira firmed on the interbank market on Monday as dollar flows from two energy companies and banks increased liquidity and supported the local currency. The naira closed...
View ArticleUPDATE 2-Nigeria leaves rate at 12 pct, moves to support naira – Reuters UK
Eleven analysts polled by Reuters last week had expect the central bank’s MPC to keep its benchmark rate unchanged. (Additional reporting by Chijioke Ohuocha in Lagos; Writing by Joe Brock; Editing by...
View ArticleNaira Gains Most in 6 Months on Central Bank Action: Lagos Mover – Bloomberg
Nigeria’s naira rose the most in almost six months against the dollar after the central bank cut the proportion of lenders’ assets that can be held as foreign exchange and held the benchmark interest...
View ArticleNigeria naira, bond yields up after cbank moves – Reuters
LAGOS (Reuters) – Nigeria’s naira firmed 1.5 percent against the U.S. dollar and bond yields climbed 0.5 percent on Wednesday, a day after the central bank took measures to stabilise the weak local...
View ArticleNigeria naira firms after cbank moves – YAHOO!
LAGOS (Reuters) – Nigeria’s beleaguered naira received a breather on Wednesday, a day after the central bank took measures to stabilise the weakening local currency, which is adding to inflation...
View ArticleNigeria raises 154.9 bln naira in T-bills, yields rise – Reuters
LAGOS (Reuters) – Nigeria has sold 154.88 billion naira in treasury bills with maturity ranging from three months to one year, the central bank said on Thursday, and yields were up marginally as the...
View ArticleNigeria Naira Pares First Monthly Advance in Three as Oil Falls – Bloomberg
The currency of Africa’s biggest oil producer, which has risen 1.3 percent this month, slipped 0.2 percent to 160.925 per dollar as of 12:10 p.m. in Lagos, the commercial capital. That trims its...
View ArticleNigeria's Naira Heads for Best Month in Six on Dollar Inflows
Nigeria's Naira Heads for Best Month in Six on Dollar Inflows The currency of Africa's biggest oil producer climbed less than 0.1 percent to 157.95 per dollar as of 12:55 p.m. in Lagos, the commercial...
View ArticleNigeria plans 101 bln naira T-bill auction
Nigeria plans 101 bln naira T-bill auction LAGOS, Sept 18 (Reuters) – Nigeria plans to issue 101.21 billion naira ($ 641.18 million) in treasury bills ranging from 3-month to 6-month maturities at its...
View ArticleNigerian Naira Weakens on Short Dollar Supply Before Auction
Nigerian Naira Weakens on Short Dollar Supply Before Auction The currency of Africa's biggest oil producer weakened 0.1 percent to 157.78 per dollar on the interbank market as of 12:15 p.m. in Lagos,...
View ArticleNigeria's Naira Weakens on Importer Demand as Bank Cuts Supply
Nigeria's Naira Weakens on Importer Demand as Bank Cuts Supply The currency of Africa's biggest crude producer retreated 0.2 percent to 157.3 a dollar as of 4 p.m. in Lagos, the commercial capital. The...
View ArticleNaira Caps Biggest Weekly Retreat in 11 on Lower Bank Supply
Naira Caps Biggest Weekly Retreat in 11 on Lower Bank Supply The naira depreciated 0.2 percent to 157.50 a dollar as of 4:19 p.m. in Lagos, the commercial capital. The currency of Africa's biggest oil...
View ArticleNigeria Naira Drops 2nd Day as Oil Companies Halt Dollar Sales
Nigeria Naira Drops 2nd Day as Oil Companies Halt Dollar Sales The currency of Africa's biggest oil producer slipped 0.1 percent to 157.6 a dollar by 12:18 p.m. in Lagos, the commercial capital. The...
View ArticleIgbo Deportees Seek 1 Billion Naira Compensation From Lagos State
Igbo Deportees Seek 1 Billion Naira Compensation From Lagos State The suit filed by over 80 Igbo 'deportees' against the Lagos State Government came up on Thursday at the Federal High Court sitting in...
View ArticleMultibillion naira machine parts plaza ready for commissioning in Lagos
Multibillion naira machine parts plaza ready for commissioning in Lagos Shop allocations to subscribers at the multibillion naira ultra modern machine parts plaza at the Lagos International Trade Fair...
View Article
