By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Wednesday traded at N365 against $1, according to Cordros daily market update compared to a range of N347 to N352 traded on Tuesday on the parallel market. The update reported that in the interbank market – the naira had appreciated against two (2) […]
Tag: Euro
CBN says FOREX Officers, BDCs, Customs, NAFDAC to Meet on Dwindling Naira
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has directed a meeting of foreign exchange officers of Banks, authorised dealers, the Nigeria Customs Service, National Agency for Food and Drug Administration and Control (NAFDAC) and the Standard Organisation of Nigeria (SON) on developments in the forex market. This […]
Asia shares rally as China cools money rates, yen slips
Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a fillip from a report the Federal Reserve would again trim its bond buying next week. A drop in the yen helped Tokyo’s Nikkei .N225 rally 1.5 percent and dragged […]
