6/3/2017/Punch Foreign investors are still staying on the sidelines, waiting for the naira to float freely, as the latest foreign exchange policy of the Central Bank of Nigeria has failed to restore confidence, ‘FEMI ASU writes While the nation’s forex market has seen increased liquidity in recent days on the […]
Money Market
Naira may reverse losses this week on dollar injection
6/3/2017/Punch Oyetunji Abioye The naira is expected to reverse the losses recorded last week during the week as the Central bank of Nigeria pumps more dollars into the foreign exchange market. According to economic and currency analysts, the local currency may become steady in the coming days after the currency […]
Forex: CBN to inject fresh $350m into interbank market
4/3/2017/Punch Gbenro Adeoye The Central Bank of Nigeria is set to pump more United States dollars into the foreign exchange market this weekend, in continuation of its strategy to further strengthen the value of the naira, Saturday PUNCH has learnt. A source at the apex bank told our correspondent on […]
