Naira May Rebound As CBN Set To Repay Banks Outstanding Dollar Debts
The Central Bank of Nigeria (CBN) will pay back all outstanding forward contract debts to banks within the next one to ...
Tag: Naira
Oil Marketers Push For Fresh Price Hike As Naira Crumbles To 920/$
On Thursday, oil marketers insisted on a possible hike in the pump price of Premium Motor Spirit, popularly called petrol, ...
Falana Knocks CBN, Says ‘Floating Of Naira Illegal’
Femi Falana said “There’s no provision for floating the naira. It’s illegal. You say, ‘The value of the naira will ...
Naira Rebounds, Now 850/$ At Parallel Market
On Wednesday's parallel market, the naira strengthened further versus the US dollar, closing at 850/dollar. A planned intervention in the ...
Forex Crisis: NNPCL Secures $3bn Loan To Stabilise Naira
The Nigerian National Petroleum Corporation Limited (NNPCL) has acquired a $3 billion crude repayment loan to boost the naira and ...
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