Currencies
Nigeria's daily parallel market exchange rate tracker
“NOP Is Not Cast In Stone” Emefiele Assures On JP Morgan Bond Index
Nigeria will probably remain in JPMorgan Chase & Co.’s local-currency emerging-market bond indexes tracked by over $200 billion of funds,...
Read moreDetailsTo Boost Liquidity, CBN is Offering BDCs $30,000 Each On Friday
The Central Bank of Nigeria has confirmed it will be selling $30,000 each to BDC operators numbering over 2,500 in...
Read moreDetailsNaira Falls Again At The Interbank (29/1/2015)
Nigerian naira shed 1.64 percent to close at 189.10 against the greenback on Thursday, despite dollar sales by the central...
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Official: What Godwin Emefiele told the Business Community When He Met With Them
Godwin Emefiele has been under the spotlight for weeks now as Nigeria deals with a major depreciation of the naira...
Read moreDetailsRespite as Naira Regains Sharply after NNPC $350m Sale
The Nigerian naira firmed sharply on Wednesday after state-oil company NNPC sold around $350 million to lenders, helping the currency...
Read moreDetailsNo Respite as Naira Drops To a New Record Low Against The Dollar
Nigeria's naira ended at a record closing low on Monday, despite central bank intervention, as the currency continued to weaken...
Read moreDetailsThree Reasons Why The Naira Is Trading Above N200 to $1
The Naira is currently trading above N200 in most parts of Nigeria and understandably a lot of my readers are...
Read moreDetailsNaira Records Worst Week In History
The naira closed at a record closing low of 190.60 to the dollar on Friday, despite the central bank intervening...
Read moreDetailsNow That $1 Equals N200, Here is a ‘Doomsday’ Conspiracy Theory of What’s Next
The Naira has finally hit N200 in the black market and it appears it has no way of coming down...
Read moreDetailsIs Julius Berger a Buy At This Price?
Twice on this blog we have done a valuation of Julius Berger and twice we valued the stock at about...
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