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Friday, January 27, 2023
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Currencies

Currencies

Nigeria Onshore 5-year NDFs in big move down to $1/N569

Moneycentral Nigeria -
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 -
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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