Domestic FGN Dollar Bond Achieves 180% Subscription, Raises $900m
The FGN Domestic Dollar Bond, Nigeria’s first ever domestic US dollar-denominated bond, achieved 180 per cent subscription. The transaction generated ...
Sunday, December 22, 2024
Tag: Dollar
‘Forex Crisis Threatens Multi-million Dollar Data Centre Investments’
Data centre operators in Nigeria are facing severe challenges due to a prolonged forex crisis, jeopardizing substantial investments made in ...
Nigeria Demands BVN, NIN For $500M Dollar Bond
The Federal Government of Nigeria has unveiled new identification requirements for investors in its latest financial offering, the Domestic FGN ...
Naira Weakens Further To N1,520/$ At NAFEM
Having depreciated to N1,478.11 to the dollar on Monday, the value of the naira continued its downward slide on Tuesday ...
Naira Depreciates To N1,380/$1 At parallel Market
The Naira and the Dollar exchange rate has risen to N1,380/$1 at the parallel market, from N1,280/$1 recorded over the ...
JUST-IN: Naira Hits N1,000/$ Ahead Of CBN Sale To BDCs
Having opened at N1,130 to the dollar on Monday morning, the value of the naira gained strength midday as traders ...
Naira Surges Against Dollar, Hits 5-month High
The Naira experienced a significant rally against the US Dollar, breaking through critical resistance levels to trade below N1,000 in ...
JUST-IN: CBN Begins Forex Sales To BDCs At N1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular addressed to Bureau De Change operators (BDCs), revealing that each ...
Naira Strengthens To ₦‎1,650/$ In Parallel Market
The Nigerian naira showcased a recovery trend against the US Dollar in the parallel market, driven by actions initiated during ...
Nigerian Naira Records Significant 5.22% Appreciation Against US Dollar
In a notable development on February 26, 2024, the Nigerian Naira experienced a substantial surge in value against the US ...
