June 28, 2016/Reuters Nigeria’s central bank has sold an undisclosed amount of hard currency on the interbank market to ease dollar shortages and provide importers the dollars to pay for the products they bring into the country, traders said on Tuesday. The naira ended at 282.50, slightly weaker than the […]

June 27, 2016/Reuters Nigeria’s central bank asked for bid-offer quotes from currency traders on Monday as it sold dollars on the interbank market to boost liquidity, traders said. The naira NGN=D1 ended at 282 to the dollar after the central bank’s intervention, slightly weaker than Friday’s close of 281. After […]

Friday June 24, 2016/Reuters Nigeria’s naira held steady at the close of trading on Friday as the central bank intervened for a fifth straight day with dollar sales to ease liquidity after it floated the currency earlier this week, traders said. The naira ended at 281 to the dollar, its […]