World News

Nigerian naira firms further on dollar sales by oil major, banks

Nigeria’s naira firmed further against the U.S dollar on the interbank market on Wednesday, boosted by dollar sales by some unit of foreign banks and U.S. oil major Chevron, traders said. The local unit closed at 157.04 to the dollar on the interbank, stronger than 157.15 at Tuesday’s close. Traders […]

Mobile money transactions hit N17.3bn – CBN

The Central Bank of Nigeria has said the total value of transactions carried out so far by the mobile money operators is N17.3bn. The Acting Director, Banking and Payments System Department, CBN, Mr. Musa Jimoh, said this in Lagos on Monday at a mobile money agent forum organised by the […]

Nigerian naira rises to 4-week high vs dollar

Nigeria’s naira currency rose against the U.S. dollar to its strongest in more than four weeks on the interbank market, supported by dollar liquidity flows from four energy companies, traders said. The naira closed at 157.10 to the dollar on the interbank market, firmer than the 157.38 it closed on […]