CATEGORY: NAIRA EXCHANGE RATE

A-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...


This 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...


Did The CBN Just Reveal When It Might Devalue The Naira?

The naira has come under pressure in the last one few weeks as oil...


Why The Nigerian Stockmarket Is ‘Crashing’

Why The Nigerian Stockmarket Is ‘Crashing’

Sometime in August I received a message from one of my readers informing me...


Naira 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...


Naira 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...



S-E-L-L O-F-F-S: NSE Is Down 4%..Hot Money Is Pouring Out In Droves. Naira Now N172/$1

S-E-L-L O-F-F-S: NSE Is Down 4%..Hot Money Is Pouring Out In Droves. Naira Now N172/$1

It’s a massive sell off on the exchange already with the NSE losing 4%...


DOOM AND GLOOM: Falling Naira and Oil Price Keeps Nigerian Stocks In The Red

DOOM AND GLOOM: Falling Naira and Oil Price Keeps Nigerian Stocks In The Red

Nigerian All Share Index fell 2.3 pct to below 36,000 points as the falling...


More Pain? CBN Issues New Prudential Regulations That Limit How Much Forex Banks Can Borrow

More Pain? CBN Issues New Prudential Regulations That Limit How Much Forex Banks Can Borrow

The Central Bank is at it again!! They have now released a new prudential...


How Weak Naira Versus Dollar Can Affect Your Investments, Savings, Business & Even Jobs

How Weak Naira Versus Dollar Can Affect Your Investments, Savings, Business & Even Jobs

It was the beginning of the year in 2009 and Mr Ogilisi was discussing...


Here Is Why Today Was B-L-O-O-D-Y T-U-E-S-D-A-Y For Nigeria Stocks & Bonds

Stocks Nigerian stocks fell to a four-month closing low of 40,537 points on Tuesday,...


Exclusive: Nairametrics Stock Picks (Updated 31/8/2014)

This week we make a significant change to the list of our stock picks...


Exclusive: Nairametrics Stock Picks – (25/8/2014)

The following companies have been included in our wish list as Stock that we...


OFFICIAL: CBN Launches Service That Allows You To Transfer Dollars To Relatives & Dependents Abroad From Your Naira Account

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, as part of the...


Scathing Opinion: The Treasury Bill Scam Continues to Flourish

In the wake of the 2008 banking crises, the Central Bank created over N4000bn...


A Unit of Shell Just Helped The Naira Hit a 3 Months High Against The Dollar

Nigeria’s naira strengthened against the dollar on the interbank market on Monday, reaching its...


Here Is What Happened To Ugandan Currency After The Court Struck Out Homosexuality Law

Here Is What Happened To Ugandan Currency After The Court Struck Out Homosexuality Law

The Ugandan shilling gained on Friday against the dollar after the country’s constitutional court...


Nigerian Foreign Reserves Is Up By 3.8% To $38.5billion

Nigeria’s foreign exchange reserves climbed to $38.49 billion on July 18, a 3.8 percent...


Time To Buy At The Interbank? Naira Appreciates to 7 Weeks High Against The Dolllar

Summer is here already and most people are already making plans for their holidays....


Union Bank Cards Now Accepted on Paypal

Union Bank of Nigeria Plc has announced that its electronic cards – Visa and...


The Dawn Of Informed Investing. Introducing NAIRAMETRICS, the Website For Retail Investors

The Dawn Of Informed Investing. Introducing NAIRAMETRICS, the Website For Retail Investors

Welcome to Nairametrics, the website for the Retail Investors seeking financial freedom. A few...


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...


New Look For Ugometrics Blog (Changing to Nairametrics Soon)

New Look For Ugometrics Blog (Changing to Nairametrics Soon)

  Ugometrics Blog is spotting a new look and feel starting from this Month....


Emefiele’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...


Your 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...


Official: Diamond Bank Issues $200m Eurobond

Diamond Bank Plc has issued its debut $200 million five-year Eurobond. The bank plans...


A-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...


MTN 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...


Dollar Race? MTN Foresees Naira Devaluation in 2015

The MTN Group Limited anticipates that the naira will be devalued after next year’s...


This Chart Shows How Quickly Nigeria’s External Reserve Has Depleted Over The Last 12 Months

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...