The Nigerian naira eased against the U.S. dollar on the interbank on Wednesday after large dollar sales by state-owned energy firm NNPC and at a central bank currency auction, failed to quell demand for the greenback. The unit closed at 161.10 naira to the dollar on the interbank after opening […]
Tag: NNPC
Nigerian naira firms on Shell, NLNGs dollar sales
Nigeria’s naira currency firmed against the U.S dollar on the interbank market on Monday, supported by ample dollar sales by two energy companies to some lenders. The local currency closed at 161.60 versus the dollar on the interbank market, stronger than the 162.10 to the dollar it closed at on […]
Naira: Oil firms’ dollar sales boost liquidity
The naira traded flat against the United States dollar at the inter-bank market on Monday as oil firms’ greenback sales boosted liquidity in the market. The naira recovered to N162.87 against the dollar on Monday, after it touched N163.20 in early trade. The naira had closed at N162.82 to the […]
