Why Presco is Ecstatic About CBN Forex Policies
Presco Plc has commended the Central Bank of Nigeria (CBN's) policy to ban foreign exchange sales to certain segments of ...
Tag: Capital controls
News and analysis about capital controls
Rice Imports Has Dropped By 53% As Prices Rise
Following the Central Bank of Nigeria’s decision to place rice among 41 items not valid for foreign exchange. The volume ...
Forex Demand May Drop As Refineries Get Set to Resume Operations
The pressure on the Central Bank of Nigeria (CBN) to devalue the naira due to dwindling foreign exchange reserves, is ...
Nigeria Spent $7.4 billion Importing Toothpicks, Milk, Fish Furniture etc.
Nigeria spent a total of N1.18 trillion (about $7.4 billion) on the importation of toothpicks, fish, milk, textiles, rice and ...
Naira Remains Under Pressure As MPC Meets Thursday
Economic and currency analysts expect the naira to remain under pressure at the parallel market this week even as the ...
Why You Should Stay Out of The Stock Market
The Nigerian stock market has been on a free fall over the last few weeks with the index posting a ...
![[Spying YOU] CBN Instructs BDC’s To Report Your Forex Deals Using BVN](https://nairametrics.com/wp-content/uploads/2015/07/Spy-you.jpg)
[Spying YOU] CBN Instructs BDC’s To Report Your Forex Deals Using BVN
The Central Bank released a circular Thursday instructing Bureau De Change (BDC's) that from August 1 2015, all transactions consummated ...
![[ANALYSIS] Buhari fails first reform test by keeping fuel subsidies in place](https://nairametrics.com/wp-content/uploads/2015/07/Buhari-3.jpg?resize=350,250)
[Bu-Horror] Tips to Insulate yourself from this Failing Economy
Nigerian stocks hit a three month low on Monday as stocks recorded its 9th consecutive day of losses. The market ...
![[BU-HORROR] Bad Economy, Dollar now N242, Equities in red…here is why you should be scared](https://nairametrics.com/wp-content/uploads/2015/07/ATM.png)
[BU-HORROR] Bad Economy, Dollar now N242, Equities in red…here is why you should be scared
Nigerian stocks hit a three month low on Monday as stocks recorded its 9th consecutive day of losses. The market ...
[ANALYSIS] Why the Naira should NOT be Devalued
Wherever the rhetoric of the Naira devaluation started from, I have no idea. But it seems it has become the ...
