The Nigerian naira was flat against the U.S dollar on the interbank market and firmed marginally at the central bank’s bi-weekly auction on Monday with traders expecting the local currency to build on recent gains later this week. The naira traded at 160.90 naira to the dollar in thin trade […]
Tag: Nigerian Naira
Nigeria naira up 0.75 pct as funds ready for Tbills
The Nigerian naira closed up 0.75 percent against the dollar on the interbank market on Friday, after a surge of dollar inflows from foreign investors positioning to buy treasury bills, dealers said. The unit closed at 160.90 naira at 1300 GMT, after opening at 160.69 naira on Friday, substantially up […]
Nigeria naira firms as oil firms, Cbank sell dollars
Nigeria’s naira firmed against the greenback on the interbank market on Wednesday, after dollar sales by the central bank and two oil firms boosted liquidity amid lacklustre demand, traders said. The naira ended at 162.75 to the U.S. dollar on the interbank on Wednesday, firmer than the 163.16 it closed […]
