Tags Money market

Tag: money market

CBN knocks Banks For Shunning eNaira

The Central Bank of Nigeria on Wednesday knocked commercial banks across the country for not promoting the e-Naira launched with fanfare by...

Naira slides to 555/dollar in parallel market

The naira lost steam at the parallel market on Monday, sliding to 555 per dollar. The local currency had...

Naira Gains, Records N25 At Black Market

Naira has launched a sustained recovery at the parallel market, gaining N25 since it fell to its lowest of N575 to a...

Naira Relapses To N515/$1 As Dollar Scarcity Persists

The naira yesterday lost N5 to close at N515/$1 at the parallel market. The local currency had also lost...

Naira exchanges for 509/$1 at parallel market

The naira held steady against the dollar at the parallel market on Monday at N509. The naira held steady...

JUST-IN: Naira Slides By 3.3% To N522 After CBN Stops Forex To BDCs

The effect of Tuesday’s decision of the Central Bank of Nigeria (CBN) to stop selling foreign exchange to bureau de change operators...

Naira Slumps Further, Exchanges For 504/$ At Parallel Market

The naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators.

CBN Warns Against Naira Abuse

The Central Bank of Nigeria has frowned on continued abuse of currency note by the general public, especially during weddings and other...

Naira Relapses To N500/$1 Despite Marginal Gains

The naira yesterday depreciated to N500/$1 after recording marginal gain against the greenback at the weekend. The naira closed...

Exchange-Traded Fund Market Cap Hits N20.32bn –NGX

The market capitalisation of exchange-traded funds listed on Nigerian Exchange Limited rose to N20.32bn in the first quarter of 2021.

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