Tag: CBN
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Naira Loses Ground Against Dollar At Official Market
Naira weakened further at the official foreign exchange market, depreciating by N3.32 to close at N1,379.06 against the U.S. dollar, extending losses recorded earlier in the week.
CBN Retains Lending Rate At 26.6% In Bold Stance To Stabilize Nigeria’s Economy
In a bold shift from its aggressive tightening stance, the CBN retains its benchmark lending rate at 26.5% to foster economic stability.
Naira Gains N5.75 At Official Market After Two-Day Loss
The Naira gains N5.75 against the U.S. dollar at the official market, closing at N1,382.63, according to Central Bank of Nigeria data.
Naira Appreciates to N1,401.40 Against Dollar at Official Market
The naira strengthened to N1,401.40 against the U.S. dollar at the official foreign exchange market, according to data from the Central Bank of Nigeria.
CBN Boosts BDC Liquidity With Fresh $150,000 Weekly FX Approval
CBN approves weekly access of up to $150,000 for licensed BDC operators in the Nigerian Foreign Exchange Market, with strict compliance and transparency rules.
