Nigeria Foreign Reserves Gain $449.5m
Nigeria’s foreign reserves have returned to a growth path, gaining $449.5m in one week, figures from the Central Bank of Nigeria (CBN) have revealed. According to the CBN, the reserves…
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Central Bank Of Nigeria – Dutch Auction Of Nigeria Treasury Bills (May 2020)
CENTRAL BANK OF NIGERIAwww.cbn.gov.ngTENDER NOTICECENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIA TREASURY BILLS Notice is hereby given by the Central Bank of Nigeria on behalf of DMO……
Continue readingNaira Firms On Black Market After CBN Resumes FX Sales
The Nigerian naira firmed around 6.5% on the black market on Tuesday from a week ago after the central bank resumed U.S. dollar sales to commercial lenders following this week’s…
Continue readingNigeria Foreign Reserves Shed $5.09bn In Four Months, Drops to $38.53bn
Nigeria’s foreign reserves have continued its downward trend, dropping by $5.09bn from $38.53bn on January 2, 2020, to $33.44bn as of April 28, 2020. According to the figures latest statistics…
Continue readingCentral Bank of Nigeria (CBN) Resumes Dollar Sales For SMEs, School Fees
The Central Bank of Nigeria (CBN) has resumed the provision of foreign exchange to banks to enable parents to pay for school fees and to allow Small and Medium Enterprises…
Continue readingNaira Crashes To N450 To $1 At Parallel Market Amid FX Scarcity
The volatility of Nigeria’s foreign exchange market seems to be heading towards the 2015 crisis era as the naira has further depreciated to N450 to a dollar in the parallel…
Continue readingBreaking: Naira Slides To 3-Year Low After Oil Price Crash
The Naira fell to its lowest level against the dollar in three years on the black market on Tuesday, traders said, a day after a historic oil price rout pushed…
Continue readingCentral Bank Of Nigeria (CBN) – Dutch Auction Of Nigeria Treasury Bills (April 2020)
CENTRAL BANK OF NIGERIAwww.cbn.gov.ngTENDER NOTICECENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIA TREASURY BILLS Notice is hereby given by the Central Bank of Nigeria on behalf of DMO……
Continue readingCentral Bank Of Nigeria (CBN) – Dutch Auction Of Nigeria Treasury Bills
TENDER NOTICECENTRAL BANK OF NIGERIA – CBNON BEHALF OF DMO OFFERS NIGERIANTREASURY BILLS Notice is hereby given by the Central Bank of Nigeria on behalf of DMO that the Federal……
Continue readingCBN Devalues Naira, Peg $1 to N380 Across board
The Central Bank of Nigeria has technically devalued the Naira by pegging the exchange to the dollar at N380 across all the FX market. In a circular released on Friday,…
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