TAG: CAPITAL CONTROLS

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...



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....






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...


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...


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...


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...



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...


Beware of These 4 ‘Demons’ Of The New Flexible Exchange Rate Policy

If you’re not a Nigerian, please stop reading and close this page. Thank you. Ehen, now it’s just us...


It’s Official: CBN Floats The Naira, The Implications For You And I

The Central Bank Governor has just announced a full float of the Naira in a press conference in Abuja....


Official: CBN “Floats” The Naira, What It Means!

The Central Bank Governor Godwin Emefiele today announced that the CBN was adopting a  “flexible foreign exchange rate” regime in...


What The CBN Might Do This Week As Emefiele’s Policies Flop

Pride they say often goes before a fall. In the case of  Godwin Emefiele, the Central Bank of Nigeria...


Buhari’s Stubborn Stance Against Devaluation Has One Big Advantage

One of the greatest debate of Nigeria’s economic history since the advent of democracy in 1999 is the decision...


BDC’s Explain Why The Naira Is Falling Everyday

As the naira continues to plummet against foreign currencies, some Bureau de Change (BDC) operators have placed some of...


Why The Naira Depreciated To N345

The Naira hit an all time low of N345 on Monday signalling more than ever the need to bridge...


Official: CBN Bans Sale Of Forex To BDCs, Here Is What It Means

The Central Bank of Nigeria called a press conference on Monday announcing that it will be stopping the sale...


Conspiracy Theory of What Could ‘Happen’ to Naira/Dollar In The Next few Weeks

Just two weeks ago it looked as if the Naira was heading to N250 as calls for another round...


Did The CBN Just make The Naira King again with this Bold Move?

Commercial Banks in Nigeria have now stopped receiving cash deposits in dollars. This is another bold move by the...


CBN Says Ghanaian Businessmen, Others Are Invading Our Forex Market

Ghanaian businessmen and other African countries are invading the Nigerian foreign exchange market. This information was disclosed by the...