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Farooq

November

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By Alex Lawler, Rania El Gamal and Shadia Nasralla VIENNA, Nov 30 (Reuters) – OPEC agreed on Thursday to extend oil output cuts until the end of 2018 as it tries to finish clearing a global glut of crude while signalling it could exit the deal earlier if the market overheats. Non-OPEC Russia, which this […]

NAIROBI, Nov 30 (Reuters) – The Kenyan and Ugandan shillings are forecast to firm against the dollar in the next week to Thursday, while Zambia’s and Nigeria’s currencies are expected to hold steady, traders said. KENYA The Kenyan shilling could strengthen against the dollar in the coming week due to a rally in selected stocks […]

Dollar to Naira Rate Black Market November 30 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

  • CBN

By Babajide Komolafe However, the naira depreciated by 5 kobo in the Investors and Exporters (I&E) window, while the amount of dollars traded dropped by 13 percent. In a statement announcing the intervention, Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor said: “$100 million was offered to the wholesale segment, while the Small and […]

Dollar to Naira Rate Black Market November 29 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]

The Naira on Tuesday maintained N362.5 to the dollar at the parallel market, the Newsmen reports. The Pound Sterling and the Euro closed at N480 and N430. At the Bureau De Change (BDC) window, the Nigerian currency was sold at N362 to the dollar, while the Pound Sterling and the Euro traded at N480 and […]

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By Alex Lawler, Vladimir Soldatkin and Ahmad Ghaddar VIENNA, Nov 28 (Reuters) – OPEC and Russia are heading towards prolonging their oil supply cuts for the whole of 2018 but with an option to review the deal in June, OPEC sources said on Tuesday after Moscow expressed concerns the market could overheat. The recommendation was […]

LAGOS, Nov 28 (Reuters) – Nigeria plans to sell 117.17 billion naira worth of treasury bills at an auction on Nov 29, traders said on Tuesday. The central bank plans to offer 26.14 billion naira in three-month paper, 11 billion naira in six-month bill and 80.03 billion naira in one-year note. Results of the auction […]

  • CBN

ABUJA, Nov 28 (Reuters) – Nigeria’s central bank said on Tuesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. The bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and […]

Dollar to Naira Rate Black Market November 28 2017. Today’s Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are updated during the day as they change. NAIRA (N) USD ($) EURO (€) GBP […]