It’s Official: CBN Floats The Naira, The Implications For You And I
The Central Bank Governor has just announced a full float of the Naira in a press conference in Abuja. The ...
Tag: Capital controls
News and analysis about capital controls
Official: CBN “Floats” The Naira, What It Means!
The Central Bank Governor Godwin Emefiele today announced that the CBN was adopting a "flexible foreign exchange rate" regime in an ...
What The CBN Might Do This Week As Emefiele’s Policies Flop
Pride they say often goes before a fall. In the case of Godwin Emefiele, the Central Bank of Nigeria (CBN) ...
Buhari’s Stubborn Stance Against Devaluation Has One Big Advantage
One of the greatest debate of Nigeria's economic history since the advent of democracy in 1999 is the decision on ...
BDC’s Explain Why The Naira Is Falling Everyday
As the naira continues to plummet against foreign currencies, some Bureau de Change (BDC) operators have placed some of the ...
Why The Naira Depreciated To N345
The Naira hit an all time low of N345 on Monday signalling more than ever the need to bridge the ...
Official: CBN Bans Sale Of Forex To BDCs, Here Is What It Means
The Central Bank of Nigeria called a press conference on Monday announcing that it will be stopping the sale of ...
Conspiracy Theory of What Could ‘Happen’ to Naira/Dollar In The Next few Weeks
Just two weeks ago it looked as if the Naira was heading to N250 as calls for another round of ...
Did The CBN Just make The Naira King again with this Bold Move?
Commercial Banks in Nigeria have now stopped receiving cash deposits in dollars. This is another bold move by the CBN ...
CBN Says Ghanaian Businessmen, Others Are Invading Our Forex Market
Ghanaian businessmen and other African countries are invading the Nigerian foreign exchange market. This information was disclosed by the Director ...
