Currency in circulation falls 3.9% to N2.05trn
Businessam Staff
November 14, 2019
Grows 95.6% to N2.02trn in 10 years By Omobayo Azeez Total currency in circulation (CIC) in Nigeria has declined by 3.9 per
Nigerian naira weakens 0.28% at parallel market as DMO re-opens bond offers Wednesday.
Businessam StaffMay 22, 2018
The exchange rates of the Nigerian naira to the American dollar weakened Tuesday by 0.28 percent to N364 in the parallel market, while
Naira drops at parallel, official window trades at N363/$1 as players anticipate tighter liquidity on Thursday
Adesola AfolabiMay 9, 2018
The Nigerian naira fell by 0.28 percent and 0.14 percent when it exchanged for N363 and N361.14 to one United States dollar on the
Nigeria’s central bank injects $195m into forex market
Businessam StaffNovember 8, 2017
Nigeria’s central bank said Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to
Guide to figure out Nigeria naira’s worth
Businessam StaffAugust 21, 2017
For now, this is as close as it gets to a devaluation in Nigeria. Monetary policy officials unified some of their multiple exchange
Nigeria’s central bank to auction N62bn treasury bills next week
Oluwafemi OgunjobiAugust 9, 2017
Nigeria’s central bank on Wednesday said it plans to sell 62.43 billion naira ($171 mln) of treasury bills at an auction next
Bureaus De Change automation, an imperative for customer verification
Businessam StaffAugust 9, 2017
Bureaus De Change (BDCs), as critical stakeholders in the Foreign Exchange (FOREX) Market, are known for the sale of small volumes of