Monday, 23rd May 2022
<To guardian.ng
Search

Naira weakens despite CBNs moves

Despite the moves by the Central Bank of Nigeria to improve dollar liquidity, the naira weakened against the dollar at the parallel market on Wednesday to about 398 naira to the dollar.

Related

23 Nov 2020
Nigeria’s bond market traded with bearish undertone as players reacted to the bond auction calendar for the 4th quarter, and the circular by the National Pension Commission where the commission said it had concluded arrangement for the take-off of the RSA transfers. Adamma Mbachu, Team Lead of Currency Trading at Access bank speaks to CNBC Africa for more.
11 Dec 2020
Rise is an investment company that provides people living in Nigeria with dollar-denominated investments in the US and other markets to enable them to earn returns that make investing worth it. Rise brings the best investments from around the world to everyone in Africa and beyond in order to create wealth for the continent.
12 Jan 2021
Kugbo fire: Goods worth Billions of naira destroyed in Abuja
21 Jan 2021
Properties worth 32.12 Billion Naira destroyed in 2020 - Fire Service
16 Feb 2021
Nigeria’s antinarcotics agency, the NDLEA, appears to have been invigorated by the appointment of Mohammed Buba Marwa as its new chief executive, as the agency has made multiple drug busts and seized narcotics worth over ₦60 billion in the past month.⁣⁣⁣
17 Feb 2021
The Central Bank of Nigeria floated an OMO auction on Thursday with a total of 170 billion naira on offer. Constance Onyia, Fixed Income Dealer at Access Bank joins CNBC Africa for more.
1 Mar 2021
Benin fire: Section of Oregbeni market road, goods worth millions of Naira destroyed
1 Apr 2021
A total of N30 million naira has been donated by the Nigeria Governors' forum, to the victims of Katsina Central market.
14 Apr 2021
Properties worth millions of naira have been destroyed by rainstorm in Ilorin, Kwara state capital.
15 Jun 2021
The House of Representatives has urged the Central Bank of Nigeria to put proper measures in place to aid stability of naira.
18 Jun 2021
Coming across a dead whale might not seem like finding treasure, but for a group of Yemeni fishermen that’s exactly what it was. In the whale’s belly they found a lump of ambergris, a hugely valuable waxy substance used in the making of perfume.
26 Jun 2021
Here are a few reasons to pick up a copy of The Guardian on Sunday. Find these stories and much more when you grab a copy of The Guardian on Sunday.⁣⁣⁣