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Thursday, December 14, 2017
Tags US Dollar

Tag: US Dollar

FOREX: CBN Injects $250m As Naira Stables

THE Central Bank of Nigeria (CBN), on Monday, injected $250 million into the foreign exchange market. Meanwhile, the naira remained stable against the dollar in...

How Forex Crisis Threatens FG’s N2tn Road Projects

NOT fewer than 226 ongoing Federal Government road projects across the country are likely to suffer a major setback as the huge contract sum of...

Naira Closes At N282.3 At Interbank Market

THE naira-dollar exchange rate on Tuesday ended at N282.32 to the dollar, slightly weaker than Monday’s close of N282. This is even as Nigeria plans to...

Naira Will Stabilise At N250/$, Says CBN In A Letter To...

NIGERIA’s central bank is “reasonably optimistic” the naira will settle at around 250 to the U.S. dollar after an initial period of weakness following...

Naira Appreciates From N370 To N352 Against US Dollar

THE Naira, on Friday, appreciated against the dollar at the parallel market, trading at N352, from N370 traded on Wednesday. According to The News Agency of...