Currencies
Nigeria's daily parallel market exchange rate tracker
How we will achieve stable exchange rate – Datti Baba Ahmed
Senator Datti Baba-Ahmed has stated that Nigeria has 11 different exchange rates, which are not sustainable.
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Dollar Scarcity: Nigeria’s Eurobond trade at worst price in years
This could be a long summer or holidaymakers and businesses looking for forex.
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Naira records second-worst quarter of depreciation in Q2 2022
The CBN has made numerous attempts to defend the Naira, but the currency has massively declined by N29 in the...
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Why the US dollar is still the world’s financial magnet
Recent strong macroeconomic data and the desire by investors to hold it are driving the U.S. currency higher.
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Ghanaian Cedi drops by a whopping 30% against the US dollar in 6 months
The drop in the Cedi comes despite Ghana’s central bank's hawkish stance to stamp out inflation.
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US dollar should “technically” have the same value as Zimbabwe Dollar – Expert explains why
Amid the surge of the US dollar, an expert has argued that the US dollar is overprinted.
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Fifteen months after its introduction, Naira4dollar promo fails to save Naira
Since the introduction of the Central bank of Nigeria’s (CBN) “Naira4Dollar Scheme” in March 2021, the Naira rate has fallen...
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The operators that determine Nigeria’s black market exchange rate
The exchange rate at the parallel market is determined by several powerful forces.
Read moreDetailsGhanaian cedi has lost 22% against the US dollar since the start of 2022
The Ghanaian cedi came under pressure after racking up a whopping loss of 22.44% against the US dollar.
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High oil prices present Nigeria’s central bank with a chance to adjust the exchange rate – World Bank
The World Bank has stated that despite the CBN's claim of unifying the official exchange rate the apex bank still...
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