LAGOS (Reuters) - The Nigerian naira firmed against the greenback at the interbank market on Wednesday, owing to dollar sales by local units of multinational oil companies to lenders in Africa's second biggest economy, dealers said. The local unit closed at 159.55 naira to the U.S. dollar on the interbank on Wednesday, up from Tuesday's close of 160.20. It had touched an intra-day low of 163.05 naira on Tuesday. Dealers said Chevron sold $105 million, ExxonMobil sold $24. ...
Tuesday, March 27, 2012
Nigerian naira gains vs dlr on oil firms forex sales
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