Currencies
Nigeria's daily parallel market exchange rate tracker
After Many Failed Moves, Here Is How The CBN Is Now Planning To Save The Naira
The naira has been under pressure in the last few weeks and on Monday it crashed against the dollar to...
Read moreDetailsAnalysis: Why The Naira May Be Devalued Soon
Analysts have been offering opinions regarding the fate of the Naira amidst the fall in oil prices, upcoming elections and...
Read moreDetailsPodcast: Naira Devaluation, Oil Prices, Nigerian Stocks
The Nigerian stock exchange recovered a part of the 19% it has lost so far last week as it gained...
Read moreDetailsWhy The ‘Fast Devaluation’ of The Naira Is Becoming More and More Imminent
I know this is beginning to sound like a broken a record but I have no choice than to keep...
Read moreDetailsA-L-E-R-T: Nigeria’s Forex Reserves Just Hit A 4-Month low
Data published by the CBN on Tuesday confirma Nigeria's foreign exchange reserves fell to a 4-month low of $37.9 billion...
Read moreDetailsThis Is Why Ecobank Thinks The CBN Will Devalue The Naira By 15%
Ecobank Plc in a recent reseaech reported by the Punch has said that the naira may be devalued by 15...
Read moreDetailsDid The CBN Just Reveal When It Might Devalue The Naira?
The naira has come under pressure in the last one few weeks as oil prices continue to hit new lows. ...
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Why The Nigerian Stockmarket Is ‘Crashing’
Sometime in August I received a message from one of my readers informing me that he was thinking of liquidating...
Read moreDetailsNaira Gains 2.3% as CBN Sells More Dollars
Nigeria's naira rose 2.35 percent against the U.S. dollar on Friday after the central bank sold dollars to prop up...
Read moreDetailsNaira Crash: CBN Just Announced It Will No Longer Sell Dollars To This Category Of Importers
The Central Bank of Nigeria has stopped the sale of dollars to the following categories of importers at its twice-weekly...
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