Currencies
Nigeria's daily parallel market exchange rate tracker
Is Nigerian Treasury Bills Rate Getting Unattractive? Yields Fell Flat After This Week’s 70 bln Naira Sale
Reuters reports Nigeria sold 70.56 billion naira ($434.78 million) at a sale of three-month and six-month treasury bills on Wednesday,...
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New Look For Ugometrics Blog (Changing to Nairametrics Soon)
Ugometrics Blog is spotting a new look and feel starting from this Month. I have listened to some of...
Read moreDetailsEmefiele’s Statement Sends Naira Crashing To Two Months Low
Reuters: Nigeria's naira weakened to more than two month low of 164.46 to the dollar on Friday, down 0.37 percent,...
Read moreDetailsYour Money: Why Naira Expected to Appreciate Against The Dollar Next Week
The naira is expected to extend gains against the U.S dollar next week on support from energy companies' month-end dollar...
Read moreDetailsOfficial: 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...
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