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[XE Forex News] XE.com - UPDATE 2-S&P cuts Nigeria rating, naira stabilises: 'The lowering of the sovereign rating on Nigeria reflects our view of the government's reduced fiscal flexibility due to costs associated with its recent bail-out of five large domestic banks, and also the fall-off in government oil revenue,' the firm said in a statement.

[Currency Trading] Nigeria Lifts Restrictions on Foreign Exchange Trade - Bloomberg: MIGnews.com.uaNational Bank dictated new currency rulesMIGnews.com.ua, IsraelThe National Bank of Ukraine has canceled currency restrictions at the request of the International Currency Fund and introduced a new order of hryvnia official rate payment, the Delo newspaper reports. Restrictions on purchase at

Times Of Nigeria: The regulator said in a circular dated August 3, but which was obtained on Tuesday, trading in forex obtained at its auctions by lenders was responsible for the wide gap in the official exchange rate and the interbank rate of the naira.

[Businessday ... the voice of business] CBN governor hinges Nigeria's growth on N/Delta outcome: On a day Hillary Clinton, US secretary of state, told African leaders that foreign investors cannot be attracted in an atmosphere of failed leadership and civil unrest, Lamido Sanusi, governor of the central bank, added a critical caveat to achieving economic growth in Nigeria - resolving the crisis in the Niger Delta. 

[XE Forex News] XE.com - African Markets - Factors to watch on August 5: In a strong message to one of its main African allies hours before Secretary of State Hillary Clinton's arrival, the U.S. government expressed 'deep concern' at inaction over the court and vowed to take 'necessary steps' to ensure accountability.

[Currency Trading] US dollar rate to manat sharply grew at Baku Interbank Currency ...: Naira slips on strong dollar demandNEXT, NigeriaThe Central Bank of Nigeria sold $162.2 million at 145.90 naira per dollar at its daily foreign exchange auction on Wednesday, as demand increased sharply to $191.74 million, traders said on Thursday. The regulator had

[OnlineNigeria.com - Business] Nigerian naira continues slide against U.S. dollar - OnlineNigeria.com: LAGOS, Jan 8 (Reuters) - The Nigerian naira fell to 144.30 to the U.S. dollar on the interbank market on Thursday, traders said, continuing a slide which has seen it fall around 20 percent since the beginning of last month. The naira fell from a rate of .

[Rich.co.ke] Welcome to RICH.CO.KE - Satchu's Wrapup: COOP Bank closed 2.577% easier at 9.45 and traded a 9.30-10.00 range and 1.22m shares worth 11.587m. The MD has been making bullish comments around the release of 1st Half results and has acquired 150,000 CDS accounts ex Discount and moved into Mortgage Financing.

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