TAG: 41 BANNED LIST

Fitch gives Emfiele’s signature FX Policy pass mark

After so much criticism for its forex policies from international analysts, the Central Bank of Nigeria has finally received...





Forex forwards sold by the CBN since July 2016

Nairametrics| The Central Bank of Nigeria has so far sold a total of $5,747.76 in Forex forwards since June...


Update: CBN did not reverse ban on 41 items (mix-up explained)

Nairametrics| The Central Bank of Nigeria has issued a press release clarifying interpretations  that it had reversed the ban...


Why recent oil price slide could affect outlook for exchange rate

Oil prices have extended losses this week with the Brent crude sliding by 2.4% to about $47 this week....


The Nigerian Economy Today 4/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Nigeria’s total debt...






CBN’s New FX Window For Investors and Exporters Explained

Nairametrics| The Central Bank of Nigeria on Friday opened a new special forex window dedicated to investors, exporters and...


CBN “Frees Naira” As It Creates New Window for Investors & Exporters

Nairametrics| The Central Bank of Nigeria (CBN) has created yet another FX window for investors and exporters. The apex...


Official: CBN Excludes Raw Materials For Plastic And Rubber Production From 41 Ban List

Nairametrics|The Central Bank of Nigeria (CBN) in a circular released today instructed all authorised dealers of forex to add...


CBN’s Issues Form Q For SME’s; What You Need To Know

Nairametrics| The Central Bank of Nigeria last week announced that it had created a new window for SME’s to...



Does This Chart Support IMF’s Claim That Naira Is Overvalued?

Nairametrics| Since the Central Bank of Nigeria rolled out its revised forex policy on February 21st 2017, the initial...


Will CBN’s Latest Move Against The Black Market Work?

Nairametrics| The Central Bank of Nigeria issued a press release on Monday confirming that on Friday 7th April 2017 it...


Our Experience Buying Forex At N360/$1

Nairametrics| The Central Bank of Nigeria (CBN) has instructed that commercial banks sell the dollar to customers at no more...


Timeline: Forex Decisions Taken By The CBN Since February 2017 (Updated April 10 2017)

Nairametrics| The reign of Godwin Emefiele as CBN Governor will perhaps go down in history as one of the...


Weekly Roundup of Business & Economic News From Nigeria (March 25, 2017)

Welcome to Nairametrics Economic and Business Review, our weekly summary of some of the most important Nigerian economic and...


Why Black Market Is Not Going Away Even If We Float

Nairametrics| As at Friday, the 17th of March 2017, the exchange rate at the black market was about N455/$1 compared to...


Analysis: Stimulating Nigeria’s Economy Through Real Estate

With two months into 2017 and economic indices yet to take the desired turn, the reality of another year...


What We Experienced Trying To Buy Forex From Some Banks

Nairametrics| The new CBN’s forex policy has been in operation for a little over two weeks now. The policy...


The Week Ahead: As Things Get Tighter, We Need To Be More Creative

The pot is shrinking big time The three tiers of government received a total of ₦4.95 trillion instead of...


CBN To Increase List Of Banned Items

Nairametrics|Despite criticism from various quarters, the Central Bank of Nigeria will continue with its present foreign exchange policy. The...



Exchange rate hits N400/$1 at the parallel market as summer holiday hikes demand

Nigeria’s exchange rate dropped to a new low of N400 to the $1 at the parallel market on Thursday....


Emefiele Needs To Do This One Last Thing To Attract Foreign Investors

The Central Bank Governor, Godwin Emefiele is really one tough cookie....


These Are What We’ve Learnt About The New Exchange Rate In The Last One Week

It’s officially seven days since Nigeria began a free float of its exchange rate. The new interbank foreign market...