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About 810 results for "central bank of nigeria"

Naira rebounds from record lows on CBN action
SweetCrude Reports

Nigerian central bank increases forex trading limits for lenders

LAGOS Jan 22 (Reuters) - Nigeria's central bank increased the foreign currency trading position for commercial banks on Thursday to 0.5 percent from 0.1 percent, in a move to shore up interbank dollar liquidity. Liquidity conditions have ... Reuters Africa, 3 days ago
Daily Newswatch

Nigeria rates held to support naira

It's in the midst of an economic crisis - but Nigeria's central bank held steady - retaining its interest rate at 13%. It raised the rate at its last meeting for the first time in two years and there's been little improvement since. ...
 Reuters UK4 days ago CBN Retains Rate at 13% to Support Ailing Naira  NigeriaCommunicationsWeek4 days ago CBN holds rate to support falling naira  Daily Newswatch4 days ago Nigeria naira closes at record low despite central bank support  Business Recorder1 day ago
Business Recorder

Nigeria's central bank tries to boost naira before decision on rates

LAGOS Jan 20 (Reuters) - Nigeria's central bank intervened for a second day this week with dollar sales on Tuesday to boost its ailing naira, hours before it was due to announce its decision on interest rates, dealers said. The naira, which ...
 Reuters Africa5 days ago UPDATE 1-Naira eases sharply before Nigerian central bank rate decision  Reuters Africa5 days ago Nigeria naira eases sharply before central bank rate decision  Reuters Africa5 days ago Naira eases sharply before Nigerian central bank rate decision  Business Recorder5 days ago
Business Recorder

UPDATE 1-Ugandan central bank sells dollars to prop up shilling

1 0 KAMPALA Jan 20 (Reuters) - Uganda's central bank intervened in the market to prop up the shilling on Tuesday for the third time this month, as frontier market currencies are being hit by the dollar's strength in anticipation that U.S.
 NewsHub South Africa5 days ago UPDATE 2-Nigeria naira firms after central bank sells dollars  Reuters Africa1 week ago Nigeria naira sheds 1.3pc on importer dollar demand  Business Recorder1 week ago Naira now goes for 208 to dollar  Nigerian Tribune1 day ago

Naira Falls in Second Weekly Loss as Bank Measures Fail to Bite

The naira retreated for a second straight week as measures taken by Nigeria's central bank failed to stop the decline of a currency battered by falling oil prices. It depreciated 3.3 percent in the past five days, bringing its two-week decline to ...
 BusinessWeek2 days ago

Nigerian overnight rate rises as central bank mops up liquidity

LAGOS Jan 23 (Reuters) - Nigerian interbank lending rates climbed 2 percentage points to an average of 10.75 percent this week from 8.75 percent last week, after the central bank moved to support the ailing local currency by draining excess cash ...
 Reuters Africa2 days ago

WEEKAHEAD-AFRICA-FX-African currencies on the ropes, more central bank interventions eyed

Jan 22 (Reuters) - Nigeria's naira is expected to lose more ground next week, hit by the slide in crude prices and a decline in dollar liquidity, while other African currencies are likely to remain on the back foot unless their respective central ...
 Reuters3 days ago
People Daily

Why Nigeria must remain on the JP Morgan Emerging Market Index

Share This Tags By Aminu Imam It is a piece of good news that the Central Bank of Nigeria (CBN) will engage with JPMorgan to ensure that Nigerian bonds remain on its Emerging Markets Global Bond Index (GBI EM) as a ...
 People Daily3 days ago Naira Gains to Reverse Drop to Record Low After Traders Meeting  BusinessWeek4 days ago Naira hits record low  Nigeria Punch5 days ago JPMorgan Chase : Why Nigeria Must Remain On the JP Morgan Emerging Market Index  4 Traders3 days ago

CBN disagrees with JP Morgan's index rating on Nigeria

Abuja - The Central Bank of Nigeria said it disagreed with the JP Morgan, a global financial firm, for putting Nigeria's bonds on negative watch for three to five months. Godwin Emefiele, CBN Governor, said this while addressing newsmen at the end ...
 News243 days ago Nigeria faults JP Morgan's index rating  Individual.com4 days ago
Seeking Alpha

Why The Nigerian Naira Could Decline Further

Summary Falling oil prices have weighed on the Nigerian economy in recent months. Nigeria's central bank increased its benchmark rate in 2014 as a means of deterring capital outflows. With oil prices continuing to fall, alongside tighter monetary ...
 Seeking Alpha3 days ago
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