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Author Topic: Central Bank of Nigeria (CBN) to flood economy with US dollars  (Read 878 times)

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Offline Femoo

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Central Bank of Nigeria (CBN) to flood economy with US dollars
« on: May 26, 2009, 04:01:30 PM »
Hope arises as to the fact that Nigeria Naira NGN will soon bounce back alive against foreign currencies. Professor Chukwuma Soludo, Governor of the Central Bank of Nigeria (CBN), Nigeria apex bank said CBN will flood Nigerian economy with dollars as it has liberalised the foreign exchange market. Full news at http://www.tribune.com.ng/25052009/news/news3.html
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akynes

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Re: Central Bank of Nigeria (CBN) to flood economy with US dollars
« Reply #1 on: June 23, 2009, 09:27:28 PM »
Any significant impact so far?  check at xe.com come with Live rates at 2009.06.23 20:19: 54 UTC
       1.00 USD     =     146.700 NGN
United States Dollars   Nigeria Nairas
1 USD = 146.700 NGN     1 NGN = 0.00681663 USD
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Offline HopeNigeria

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Re: Central Bank of Nigeria (CBN) to flood economy with US dollars
« Reply #2 on: December 17, 2009, 03:41:14 PM »
and today,  1 USD = 150.779 NGNmay the hope come to realization more quickly
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