Parallel market exchange rate between the Naira and three of the world's major...

Summary of the top business, economic & political news in Nigeria.   President Muhammadu Buhari’s approval of the withdrawal of Oil Prospecting Licences 2001,...

A daily compilation of business and economic news from...

More clarification at...

Nairametrics| In a bid to placate and lure foreign investors, the CBN introduced a window for investors and exporters looking to buy or sell...

It's not even up to a month...

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY Currency Speculators Powering the Black Market, Says CBN...

Who will be proved...

Nairametrics| The Central Bank of Nigeria on Friday opened a new special forex window dedicated to investors, exporters and end users. In a circular...

Summary of the top business, economic and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY The CBN Believes This Is Why Naira Is...

Nairametrics| Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, disclosed that the CBN injected $100 million into the Forex market yesterday to authorized...

Nairametrics| In 2015, Central Bank Governor, Godwin Emefiele had an interview with the Financial Times. This was at the height of his FX policies which...

Nairametrics| The National Bureau of Statistics released its 2017 March Consumer Price Index showing inflation rate rose 17.26%. This is the second month in...

Summary of the top business, economy and political news in Nigeria   NAIRAMETRICS BUSINESS & ECONOMY FG raises tariff on imported tomato concentrate to...

Who can sort this...

Nairametrics| The Central Bank of Nigeria is currently in a state of flux. Despite billions sold defending the Naira, the parallel market seem to...

Nairametrics| The Central Bank of Nigeria issued a press release on Monday confirming that on Friday 7th April 2017 it auctioned the sum of US$418...

Nairametrics| The Central Bank of Nigeria (CBN) has instructed that commercial banks sell the dollar to customers at no more than N360. They have also instructed...

Nairametrics| The reign of Godwin Emefiele as CBN Governor will perhaps go down in history as one of the most tumultuous and controversial ever....

Summary of the top business, economy and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Nigeria needs $139 oil price to balance budget...

Nairametrics| Imagine that I borrowed $1000 from you when the exchange rate was $1/N520 with a promise to pay you back a month later....

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Latest Tanker Drivers’ Strike Reveals A Striking Theory...

Nairametrics| On Friday, the Naira closed at N390/$ down from N520/$ in January. The development follows a change of heart by the Central Bank...

Nairametrics| A friend of Nairametrics once remarked “A Circular a day, keeps speculators away”. It appears the CBN is determined to stick to that...

Nairametrics| Official records of the CBN indicates that the external reserves as at March 29, 2017 currently stands at $30,296,992,832 . Gross external reserves...

A simple statement would have cleared the...

Nairametrics| In the popular book 48 laws of Power, author Robbert Greene writes in the 15th law that you crush your enemy totally!  It appears the...

Welcome to Nairametrics Economic and Business Review, our weekly summary of some of the most important Nigerian economic and business news. March 25, 2017...

Nairametrics| The exchange rate between the naira and the dollar on the parallel market has dropped below N400 for the first time since August...

One man's meat is another man's ...