Finance
Naira loses 10k at CBN forex auction
Naira lost 10k to the dollar at the Central Bank of Nigeria (CBN) biweekly Wholesale Dutch Auction System (WDAS) on Wednesday. The apex bank disclosed this on its Website after the conclusion of the auction. It sold 300 million dollars worth of foreign exchange to banks at the rate of N155.75 to the dollar at the auction. The CBN sold the same amount of dollars at the rate of N155.74 to the dollar at the previous auction on Monday. 19 banks participated at the auction against the 21 that made bids at Monday’s the auction
-
News1 day agoBreastfeeding can improve Nigeria’s economy—Commissioner
-
Oil and Gas1 day agoOil prices drop 5% to three-week low after Trump cancels attack on Iran
-
Oil and Gas1 day agoNNPC remits N6.286trn into federation account between January and June 2026, issues another tender to sell Cawthorne crude
-
News1 day agoNESG appoints Engr. Adeleye Falade, FNSE to its board
-
Economy1 day agoEBID, CORIS Holding sign 80m euro financing agreement to strengthen food, energy, agric value chains in West Africa
-
Stock Market1 day agoNGX All-Share Index advanced by 0.18%, capitalisation increased by 0.18% to N158.61trn
-
Finance8 hours agoCBN holds fair in Gombe to deepen financial inclusion, promote economic growth
-
Agriculture8 hours agoAfrican Development Fund grants $4.3m to strengthen integration of natural capital into decision-making in 13 African countries
You must be logged in to post a comment Login