Domestic FGN Dollar Bond Achieves 180% Subscription, Raises $900m
The FGN Domestic Dollar Bond, Nigeria’s first ever domestic US dollar-denominated bond, achieved 180 per cent subscription. The transaction generated ...
Tag: Dollar
Naira Rebounds, Gains N28.15 Against Dollar
The Naira on Tuesday closed the month of April on a good footing as it gained N28.15 at the official ...
CBN’s Fresh Dollar Sales To BDCs Boost Naira To N1,250/$1
The Central Bank of Nigeria (CBN) has initiated the sale of $10,000 each to Bureau De Change (BDC) operators, offering ...
Sentiments, Reforms Push Naira Value To N1,136/$1
As the value of the naira hit a year high of N1,000 to the dollar on the parallel market, analysts ...
CBN Crashes US Dollar Rate To N1,101/$1, Offers $15.88m
The Central Bank of Nigeria (CBN) has crashed the exchange rate for Bureau De Change (BDC) operators to N1,101 per ...
JUST-IN: BDCs Not Selling Dollar At N1,000/$1
Contrary to social media reports making the rounds on Facebook and X (formerly Twitter), claiming that a US Dollar was ...
CBN Reports Upsurge In Dollar Inflow
The Central Bank of Nigeria (CBN) has reported an increase in foreign exchange inflow into the economy in February 2024, ...
Swimming Against The Tide Over Dollar
On Wednesday, Vice President Kashim Shettima came short of raining curses on social media users who celebrated the depreciation of ...
3 Reasons To Be Optimistic As Naira Strengthens Against Dollar
The Naira continued its upward trend against the dollar in the official market on Monday, marking the third consecutive gain ...
Dollar Flows Strengthen Naira Up To N1000/$1
The Naira is poised to strengthen to below N1,000 per dollar on the parallel market next week, following positive sentiments ...