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CATEGORY
Currencies
Currencies
Nigeria Onshore 5-year NDFs in big move down to $1/N569
Moneycentral Nigeria
-
May 8, 2020
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...
Currencies
Naira falls to $1/N440 at black market as CBN can’t meet demand
Moneycentral Nigeria
-
May 7, 2020
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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