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Nigeria: Dollar to Crash Further As CBN Pumps Additional $180 Million to Banks
Leadership, 28 February 2017
It became clearer in the forex market yesterday that Nigeria's local currency, the naira, may be on a permanent journey back to its former value, put at less than N300 to the… Read more »
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Nigeria: Naira Rises As CBN Pumps $180 Million Into Forex Market
Vanguard, 28 February 2017
The Central Bank of Nigeria (CBN) injected another $180 million into the foreign exchange market, prompting the Naira to further appreciate by N10 against the dollar in the… Read more »
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Nigeria: CBN Injects Another $100 Million Into Forex Market
Vanguard, 27 February 2017
The Central Bank of Nigeria has said that its has injected another $100m into forex market. Read more »
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Nigeria: As CBN Pumps Another $221 Million, Analysts Expect U.S.'s Slide to N400
This Day, 27 February 2017
As part of efforts to sustain its defense of the naira, the Central Bank of Nigeria (CBN) on Thursday sold $221,371,218.04 to banks in its second special wholesale intervention… Read more »
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Nigeria: Naira Strengthens Further Against Dollar
Premium Times, 27 February 2017
The Naira on Monday continued to strengthen against the dollar and other major currencies, the News Agency of Nigeria (NAN) reports. Read more »
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Nigeria: The Unresolved Burden of 5 Rates of Naira to the Dollar
Vanguard, 27 February 2017
The strength of a nation's currency is an expression of the vibrancy, and robustness of that country's economy. Conversely, a very weak currency therefore is a mark of a country… Read more »