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Friday, January 27, 2023
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Nigeria Onshore 5-year NDFs in big move down to $1/N569

Nigeria’s 5-year onshore Non deliverable Forwards (NDF) has posted its biggest move, a 27 percent depreciation (N156) to N569.69. Along the curve the 1-year is...

Naira falls to $1/N440 at black market as CBN can’t meet demand

The Central Bank of Nigeria (CBN) resumed sales of dollars to Bureau Du changes (BDCs) for school fees and Small and Medium Enterprises (SMEs)...

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