Currencies
Nigeria's daily parallel market exchange rate tracker
Naira Falling Quickly Against The Dollar. Now At 10 Months Low
Nigeria's naira currency fell to its weakest level in almost 10 months on the interbank market on Friday, driven...
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Is It Time To Dump Or Buy The Pounds Sterling??
On a recent impromptu trip to the US, I borrowed about about £680 from a friend promising to repay on...
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CBN SAYS “WE DO NOT HAVE THE CAPACITY TO BAN — USE OF DOLLAR FOR LOCAL TRANSACTIONS”
In response to the House of Reps resolution that the CBN should ban the use of dollars for transactions...
Read moreBaggage Of Problems You Must Be Aware Of If You Want To Start Your Own Business
Everybody one day wants to own a business of some sort and become your own boss. It is human nature...
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IS THE NEW N5K NOTE A PRELUDE TO $1=N200? FOR NOW ITS A RUMOR BUT…..?
On a faithful day on the 3rd of December 2008 Nigerians woke up to a 6.58% depreciation of the Naira...
Read moreTHE NEW N5,000 NOTE, A “CURE” FOR A DYING NAIRA…?
Yesterday, the CBN announced yet another plan to coin lower denominations, introduce higher denominations and enhance the quality and appearance of...
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How Unilag can loose billions of Naira due to name change
"If this business were split up, I would give you the land and bricks and mortar, and...
Read moreNigerian Businesses face huge exposure to exchange rate risk as the CBN plan to devalue the Naira
The Central Bank Governor on Monday announced that the CBN it was looking to devalue the rate of the Naira against the...
Read moreSanusi fires first shot as MPR is Hiked. Interest Rates to rise by 2.75%
As predicted yesterday the Monetary Policy Committee jacked up MPR by an astonishing 275 basis point (2.75%) to 12%. They...
Read moreIs the Value of the Naira really N170 to $1?
A recent publication of the Lagos Business School on the state of the economy in the first 100days of GEJ...
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