Widening Gap Between Interbank, BDC Rates: Forex Dealers Express Concern
Foreign Exchange dealers have expressed concern over the widening gap between the interbank and the Bureau de Change rates which nears ...
Tag: Black Market
News and analysis about black market
Forex Rule: Experts Predict Further Naira Collapse
The Central Bank of Nigeria’s decision to stop foreign exchange sales to importers of 40 items on Tuesday is a ...
The 10 major business stories Trending in Nigeria Right Now
Here are the top 10 trending stories in Nigeria for the week in case you've missed it; Controversy in National ...
Dollars Scarcity Bites Banks
There is great pressure within the Banks to meet customers’ foreign exchange (forex) demand amid scarcity of the dollar in ...
The Emperor has a stern message for those who criticized the ‘import ban’
The CBN on Tuesday issued a new circular listing about 41 items that have now being banned from the FX Market. ...
Regional Power Market For West Africa Coming Up
West Africa's regional body will pool its resources to establish an electricity market to end the blackouts that have blighted ...
Devaluation? CBN calls emergency meeting with Bank CEOs
Reuters reports the Nigeria's central bank has called a meeting with chief executives and treasurers of commercial lenders on Friday ...
This is how the football transfer market really works
Football is a billion pound sport and the transfer market is a key ingredient to that. The transfer market can ...
What could happen if JP Morgan ejects Nigeria from its Index
American Bank JP Morgan has confirmed it will be ejecting Nigeria from its Government Bond Index (GBI-EM) by the year-end unless the ...
Is this the clearest signal yet that the CBN wants to float the naira?
The Nigerian Central Bank just made a tiny adjustment to its exchange rate peg to the dollar Reuters reports. The ...
