TAG: FOREX POLICY

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...


FEC Calls For “Urgent” Review Of Nigeria’s Forex Policy 

The Central Bank Governor is under pressure not just from you and I but also from some people in...




CBN Admits A Major Aspect Of Its Forex Policy Is Not Working

If there is any doubt about the problems currently plaguing the forex policies of the CBN, then here you...


Enough of the Jankara Economist! Let Us Regain Our Sanity

With the ongoing beating of the Naira at the exchange market and its apparent devaluation, I have come to...


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...


Why Banks Are Sending Customers Emails With New Daily Forex Withdrawals Limit

Nigerians were inundated with messaged from their banks informing them of limits to foreign denominated transactions. Some messages read...


President Of BDC’s Explains Why He’s Not Entirely Happy With The New Exchange Rate Policy

As investors locally and abroad load the new foreign exchange regime, it appears not every one is entirely happy...


Oops: Buhari Approved N250 to $1

According to an exclusive report from...


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...