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
-
Finance1 day agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
News1 day agoZenith Bank expands tech fair reach with first ever virtual edition, focuses on AI
-
Oil and Gas1 day agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
-
News1 day agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
Industry1 day agoMAN summit to tackle high energy costs for manufacturers
-
Oil and Gas1 day agoOil falls as Middle East talks outweigh concern over fresh strikes
-
News1 day agoNigeria panel says 37 detained miners died from overcrowding and neglect
-
News1 day agoLagos E-Commerce Crackdown: Sanwo-Olu targets deceptive online vendors, fraud
You must be logged in to post a comment Login