The Central Bank of Nigeria supplied a total of $7.05bn in foreign exchange in the second quarter of 2012, compared to $6.82bn offered in the first quarter, representing a decline of 3.37 per cent. The CBN, in a publication on Thursday, titled, “Developments in the external sector of the Nigerian […]
Tag: US Dollar
Nigeria naira firms slightly on Mobil dollar sales
The Nigerian naira strengthened slightly against the U.S dollar on the interbank market on Wednesday, supported by dollar sales by a unit of ExxonMobil and some offshore investors buying local debt. The naira closed at 157.30 to the dollar on the interbank market, firmer than the 157.35 to the dollar […]
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 […]
