Nigeria currency

Currency in circulation falls 3.9% to  N2.05trn

Grows 95.6% to N2.02trn in 10 years   By Omobayo Azeez Total currency in circulation (CIC) in Nigeria has declined…

By Businessam Staff
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Naira drops at parallel, official window trades at N363/$1 as players anticipate tighter liquidity on Thursday

The Nigerian naira fell by 0.28 percent and 0.14 percent when it exchanged for N363 and N361.14 to one United…

Nigeria’s central bank injects $195m into forex market

Nigeria’s central bank said Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to boost…

Guide to figure out Nigeria naira’s worth

For now, this is as close as it gets to a devaluation in Nigeria. Monetary policy officials unified some of their…

Nigeria’s central bank to auction N62bn treasury bills next week

Nigeria’s central bank on Wednesday said it plans to sell 62.43 billion naira ($171 mln) of treasury bills at an…

Bureaus De Change automation, an imperative for customer verification

Bureaus De Change (BDCs), as critical stakeholders in the Foreign Exchange (FOREX) Market, are known for the sale of small…

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