Currencies
Nigeria's daily parallel market exchange rate tracker
Official: Diamond Bank Issues $200m Eurobond
Diamond Bank Plc has issued its debut $200 million five-year Eurobond. The bank plans to also tap the equities market...
Read moreDetailsA-L-E-R-T: Treasury bill Yields Just Fell To a 14-month low
The Federal Government’s domestic borrowing costs dropped to the lowest level since March 2013 as a strengthening naira eased pressure...
Read moreDetailsMTN Denies Outgoing CFO, Says They Do Not Have Any Views On Naira Devaluation Nigeria Clarifies Position on Call for Devaluation
What is it with regulators these days? It appears the fear of them is the beginning of wisdom. It was...
Read moreDetailsDollar Race? MTN Foresees Naira Devaluation in 2015
The MTN Group Limited anticipates that the naira will be devalued after next year’s election, saying that the move will...
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This Chart Shows How Quickly Nigeria’s External Reserve Has Depleted Over The Last 12 Months
The Nigerian external reserves has witnessed a massive decline over the last 12 months. Back in April 2013 it...
Read moreDetailsTO SAVE THE NAIRA: CBN Sold $26.6b Of Our External Reserve Between Jan – Dec 2013
In its bid to safeguard the value of the naira, the Central Bank of Nigeria sold a total of $4.04bn...
Read moreDetailsBACK ON TRACK? Naira Rises To Six-Week High
The naira rallied to its strongest level in almost six weeks as the Nigerian National Petroleum Corporation was sold dollars...
Read moreDetailsAGAIN Currency Experts Fear Naira Devaluation Is Coming Soon
Analysts and stakeholders have continued to express fear over the possible devaluation of the naira in coming months. The acting...
Read moreDetailsHouse Orders Police, SSS to Arrest Peddlers of New Naira Notes
The low supply of new naira notes at various commercial banks has propelled the House of Representatives to direct the...
Read moreDetailsIT’s D-DAY: Will The MPC Devalue The Naira When It Meets Today?
The headline Consumer Price Index will decline marginally to 7.95 per cent for February, down from 8.0 per cent in...
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