Currencies
Nigeria's daily parallel market exchange rate tracker
Guess How Much Nigeria Had In Forex Reserves This Time Last Year?
Nigeria is currently facing on the its most challenging reserve management crisis in half a decade as the fall in...
Read moreNaira Hits N190 to The Dollar At The Blackmarket
Information reaching us suggest the Naira is currently trading for between N189 and 190 at the black market on Wednesday,...
Read moreIs This Why Dollar Sold For Less At The Black Market (N183) Compared To The InterBank (N184.1)?
Yesterday, Monday I was informed that the naira was trading at N183 against the dollar. I compared that to last...
Read moreHow Nigerian Cocoa Farmers Are Set To Benefit From Devalaution
The after shock from the recent devaluation of the naira is still reverberating around the country. From Abubakar Tafa Balewa...
Read moreThis Is Why November Is The Worst Month For The Naira Since 2008
The naira appears to have hit its worst monthly depreciation in almost six years (December 2008) against the dollar in a...
Read moreFitch Issues Press Release on Naira Devaluation and How It Affects Nigerian Banks
Fitch just issued the following Press Release regarding the devaluation of the Naira Fitch Ratings-London-27 November 2014: The Central Bank...
Read moreThis Is Who Benefits From Naira Devaluation
The Naira has been devalued and black market rate on Wednesday closed at N186 in some parts of Lagos. Surely,...
Read moreOkonjo Iweala Says This Is Who Is To Blame For Naira Devaluation
The CBN devalued the Naira on Tuesday and as expected it has attracted some criticism of the Government. Typically, when...
Read moreAccess Bank MD Says Devaluation Means “Little or Nothing” To Its Financials
Reuters reports Access Bank has come out to say the recent naira devaluation will not "have a significant impact on its business as...
Read moreHow The Devaluation Of The Naira Affects Your Money
In a much anticipated press briefing the Central Bank Governor, Godwin Emefiele yesterday announced that the Monetary Policy Committee had...
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