.OMO

The N92.54 billion inflow on Thursday enhanced liquidity level and impacted on OVN lending rate, as it contracted by 490bps to 16.10 percent. However, the Naira weakened at the parallel market by 0.4 percent to NGN463.00/USD, while it…

ISMAIL MUSA  The overnight lending rate (OVN) on Tuesday expanded by 50bps to 21.5 per cent, driven by the absence of any significant inflows into the system liquidity. Meanwhile, on Monday, the overnight lending rate contracted by…

ISMAIL MUSA  The Nigerian Naira on Monday weakened at the Investment and Export (I&E) window by 0.1 per cent to NGN386.50/USD while it closed was flat at the parallel market at NGN461.00/USD. In the money and fixed…

The overnight lending rate (OVN) as of Thursday contracted by 930bps to 3.6 per cent, as inflows from OMO maturities totaling NGN333.31 billion boosted system liquidity. However, the naira strengthened at the Investment and Export…

Nigerian Naira value on Tuesday, dropped at the foreign Exchange (FX) Investment and export (I&E) window by 0.1 percent to NGN386.50/USD while it closed flat at the parallel market at NGN460.00/USD. Meanwhile, on Monday, the naira…

The naira continued its downward trend at the Investment and Export (I&E) foreign exchange window but closed stronger at the parallel market segment. Naira weakened at I&E window by 0.1 per cent to NGN387.17/USD while…

The Nigerian currency, the Naira Tuesday weakened at the parallel market by 1.1per cent to N445.00/USD but closed at N385.50/USD at the Investment and Export (I&E) Foreign Exchange (FX) window. Naira opened the first day of the…

The $535 million build-ups in four straight weeks have pushed the country's foreign reserves to $36.40 billion data from the Central Bank of Nigeria (CBN) has shown. The growth driver was attributed to the reserve accretion to the inflow…

ISMAIL MUSA  Naira's value against the dollar dropped further 1.1 percent on Tuesday to N460.00 /USD in the parallel market. However, the Naira remained flat at NGN386.33/USD at the Investment and Export (I&E) window. It will be…

ISMAIL MUSA  The  Naira on Tuesday gained 0.8 per cent and 0.1 per cent at the parallel market and the  Investment and Export (I&E) Foreign Exchange ( FX) window, closing the day at  N400/USD and N380.75/USD respectively. However,…