Tuesday, 13 November 2012

Cool story of the day: Naira depreciates by 0.1%

Be patriotic and read!

The Naira, yesterday, fell for a second day as oil companies were said to have refrained from selling dollars in the market.

The Central Bank of Nigeria (CBN), upped foreign exchange at the first of its bi-weekly WDAS to $150 million. Like the last auction where the CBN sold all $50 million on offer, the entire $150 million on offer was sold yesterday as the Naira depreciated marginally by 0.01% to close at N155.75/US$ at the official window.

*Yawns*

In other news, a buffalo gave birth to a human baby in Thailand

*adjusts my hair net*

2 comments:

  1. May God help u, Ozojie!

    ReplyDelete
  2. Na so d dollar go dey fall. Naija sef!

    ReplyDelete