Nigeria has sold 129.83 billion naira ($825.37 million) in treasury bills with maturity ranging from three months to six months at lower yields, the central bank said on Thursday. The central bank sold 39.05 billion naira of 91-day paper at a yield of 12.75 percent, slightly lower than the 12.88 […]
Tag: Central Bank
Nigerian naira trades flat against dollar on inflows
Nigeria’s naira traded flat against the U.S. dollar on the interbank on Wednesday as expectations of dollar inflows from energy companies and offshore investors buying local debt provided forex liquidity, dealers said. The naira closed at 157.10 to the dollar, the same level it closed on Tuesday. Dealers said the […]
Nigerian naira firms on Shell, NLNG dollar sales
Nigeria’s naira firmed against the U.S dollar on the interbank market on Monday, supported by dollar sales by two energy companies, which boosted greenback supplies. The local currency strengthened to 157.30 to the dollar on the interbank market, firmer than the 157.40 it closed on Friday. “The market liquidity was […]
