Dollar - Page 5

How a rising dollar could hurt African economies

Trump's second-term policies could propel the US currency higher, igniting inflation and debt costs in developing nations. Several African states are already in debt distress, so could Washington tip them over the…

6 days ago

by Abiodun Ogundairo

Naira remains steady against US dollar

The Central Bank of Nigeria held an OMO T-bills auction on Thursday, selling N19 billion and N98 billion on the 196-day and 364-day bills.…

8 years ago

Business·News

Tough times for Nigerian banks, but no collapse

It's a tough time for banks in Nigeria. Ahead of the November Monetary Policy Committee meeting, Ejikeme Okoli, Research & Market Intelligence Officer joins CNBC Africa discuss how the MPC can help…

8 years ago

Business·News

Nigeria’s T-bills down 11%

Nigeria's overnight interbank rates were down on Friday to 11 per cent after the Central Bank of Nigeria repaid matured treasury bills and cash meant for capital projects.…

8 years ago

Business·News

Nigeria overnight rate hits 150%

Nigeria's overnight interbank rate was quoted at a record high of 150 percent on Tuesday, two days after lenders placed funds with the central bank to participate in last Friday's currency forward…

8 years ago

Business·News

Naira sustains gain on parallel market

Earlier this week, the Central Bank of Nigeria reviewed the exchange rate for remittances from N350 to N370 against the dollar.…

8 years ago

Business·News

Naira woes continue in forex market

The naira appreciated against the dollar in the parallel market over the weekend and begun the first day of the fourth quarter slightly higher at 476 to the greenback.…

8 years ago

Business·News

Nigeria’s oil, gas stocks drag index lower

Profit taking in oil and gas stocks saw the NSE All Share Index dip by 5 basis points. To discuss the markets as well as the pension industry in Nigeria.…

8 years ago

Business·News

Recession hurts Nigeria’s manufacturers

Nigeria's second quarter GDP figures revealed that the country's manufacturing sector declined by 3.4 per cent decline in real terms as the country slipped into recession.…

8 years ago

Business·News

Nigeria’s market up 0.23 %

The Nigerian Stock Exchange opened the week on a positive note with the NSE All Share Index rising 0.23 per cent on Wednesday.…

8 years ago

Business·News

Is Nigeria becoming the next Venezuela?

Multiple exchange rates, a reluctance to officially devalue the currency and a forex shortage are a few similarities between Nigeria and Venezuela that have fuelled concerns that Nigeria may be on the…

8 years ago

National·News

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Dollar - Page 5

How a rising dollar could hurt African economies

Tough times for Nigerian banks, but no collapse

Nigeria’s T-bills down 11%

Nigeria overnight rate hits 150%

Naira sustains gain on parallel market

Naira woes continue in forex market

Recession hurts Nigeria’s manufacturers

Is Nigeria becoming the next Venezuela?

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