TAG: NAIRA FLOAT

Bizarre: Emefiele Explains His Version Of “Naira Float”

Nairametrics| At the press briefing following the conclusion of the Monetary Policy Meeting, the CBN Governor, Godwin Emefiele tried as...


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...




Clues That The CBN Is Warming Up For A Full Float Of The Naira

Reports reaching Nairametrics suggest that the latest forex policy announced by the CBN may be a major step towards...


Why The Latest Exchange Rate Policy Is Another Devaluation Of The Naira

The Central Bank of Nigeria announced a new FX policy on Monday, 20th of February, 2017 targeting the retail...


What You Need To Know About The New CBN Forex Policy

Nairametrics| On Monday, 20th of February 2016, the Central Bank of Nigeria issued a new forex policy on its website....


Naira Float Shows Mixed Fortunes For These Companies

The devaluation of the naira by the Central Bank of Nigeria (CBN) was a boon for firms that had...


Foreign Investor, Mark Mobius’s Gives These Conditions Before Investing In Nigeria Again

The bulls regained momentum on Wednesday after about three straight days of losses. The daily performance of Nigerian stocks...


See How Much I Was Charged For Transferring Money Abroad Via MoneyGram

A lot of interest have understandably been shown by Nigerians since the new foreign exchange rate policy was introduced....


The New Flexible Exchange Rate Policy Details Explained

Today, the CBN jumped the shark and went for a float. This article explains what this all...


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...