Showing posts with label dollar sale. Show all posts
Showing posts with label dollar sale. Show all posts

Wednesday, 13 August 2014

Naira gains 0.19 percent on dollar sales by energy companies

The naira currency gained 0.19 percent on the interbank market on Wednesday, driven by dollar sales by major energy companies, Nigerian National Petroleum Corporation (NNPC).
The currency closed at 161.80 to the dollar, from 162.12 the previous day.
Chevron’s unit sold $60.7 million, Nigerian Liquefied Natural Gas (NLNG) sold an unspecified amount and NNPC asked lenders to bid for its usual dollar sale, prompting gains in