Currencies
Nigeria's daily parallel market exchange rate tracker
Finally, Nigeria is on the verge of a unified exchange rate
The FMDQ asked banks to start quoting rates from the Investors’ & Exporters’ FX Window instead of the CBN official rate....
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Genius or luck? Emefiele’s NAFEX window seems to be working
Stroke of genius or just lucky?
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Nigerian Banks raise dollar limit on Naira debit cards
Nigerians, who execute frequent dollar transactions, now have cause to smile as commercial banks in the country have raised dollar limits...
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7 ‘unexpected’ lessons learnt from the CBN FX Windows
Back in February 2017, the Central Bank of Nigeria opened a window that allowed retail buyers access forex for invisible...
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Another anomally as bank rates trade higher than black market
The Central Bank of Nigeria (CBN) may have to tinker with its foreign exchange policies as official bank dollar rates...
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Currency futures Trading volume wanes as rates converge
The volume of trade in the Nigerian currency futures market has dropped dramatically since the CBN came up with the...
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BDCs want further ‘revaluation’ of the Naira as their profits are now down
National interest or personal gains?
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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 an...
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CBN amends investor window rules: The nitty gritty
More and more tweaking
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CBN has sold over $4 billion defending the Naira since February 2017
The Central Bank of Nigeria (CBN) seems determined to continue with its intervention in the country’s foreign exchange markets, as...
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