Currencies
Nigeria's daily parallel market exchange rate tracker
![[ANALYSIS] Has The CBN Lost its Independence?](https://nairametrics.com/wp-content/uploads/2015/08/mONKEY-IN-A-CAGE.jpg)
[ANALYSIS] Has The CBN Lost its Independence?
Nigerian Central Bank (CBN) Governor Godwin Emefiele’s body language since the election of President Muhammadu Buhari has been one of...
Read moreDetails![[NEW POLICY] FG is Cutting Down Trees in Abuja to Discourage Black Market Operators](https://nairametrics.com/wp-content/uploads/2015/08/Sad-trees.png)
[NEW POLICY] FG is Cutting Down Trees in Abuja to Discourage Black Market Operators
The Financial Times reports that the Nigerian Government has started chopping down trees in Abuja as part of its plans...
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Naira Rain At NASS As Legislators Refuse Pay Cut, Collect N23.4m Each
Last month under a pro-rata arrangement for quarterly allowance covering June, Senators got N13. 4 million each and representatives, N7million each....
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Here is What This Foreign Investor Thinks about The Nigerian Economy and The Naira
What do foreign investors really think of the Nigerian economy, and the Naira Situation? In a recent interview, this is...
Read moreDetails![[U-TURN] Banks Review Spending Limit on Your Naira Debit Card To $10k Per Month](https://nairametrics.com/wp-content/uploads/2015/08/UTurn.jpg)
[U-TURN] Banks Review Spending Limit on Your Naira Debit Card To $10k Per Month
It appears the drama of the exchange rate is still unfolding following this weekends restriction by most commercial banks on...
Read moreDetails![[Analysis] CBN post 84% drop in profits for FY 2014](https://nairametrics.com/wp-content/uploads/2015/05/CBN-board.jpg)
[NEW CIRCULAR] CBN Confirms Nigerians Can Buy Forex for BTA, PTA, Medical etc at Official Rate
The CBN has issued yet another circular informing Nigerians that all legitimate request for foreign currency for eligible transactions such as...
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[BOOM] Banks Rejects Payments for Online Transactions Exceeding $300 per day
Nigerian Banks are now rejecting dollar transfers from Naira ATM cards of more than $300 per day Prior to today,...
Read moreDetails![[FT INTERVIEW] 10 Critical Things We Learnt About Emefiele’s Mission to Save the Naira](https://nairametrics.com/wp-content/uploads/2015/08/mission-in-possible.jpg)
[FT INTERVIEW] 10 Critical Things We Learnt About Emefiele’s Mission to Save the Naira
The CBN Governor was interviewed by the Financial Times on Friday on his foreign currency policies which has attracted both...
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[OPINION] Why The CBN Should Devalue the Naira
May 27 to 29, 2015 as we ushered in the new Government, amidst the thunderous enthusiasm and joy of change...
Read moreDetails[NAIRA/DOLLAR] CBN Instructs Bank to Pay for Dollar Purchases 48 Hours in Advance
Nigeria's central bank has directed commercial banks to pay for their dollar purchases 48 hours in advance, after banning them...
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