Why Black Market Is Not Going Away Even If We Float
Nairametrics| As at Friday, the 17th of March 2017, the exchange rate at the black market was about N455/$1 compared to the ...
Tag: Flexible exchange rate
News and analysis about Flexible exchange rate
Analysis: Stimulating Nigeria’s Economy Through Real Estate
With two months into 2017 and economic indices yet to take the desired turn, the reality of another year in ...
Clues That The CBN Is Warming Up For A Full Float Of The Naira
Reports reaching Nairametrics suggest that the latest forex policy announced by the CBN may be a major step towards floating ...
Why The Latest Exchange Rate Policy Is Another Devaluation Of The Naira
The Central Bank of Nigeria announced a new FX policy on Monday, 20th of February, 2017 targeting the retail end ...
What You Need To Know About The New CBN Forex Policy
Nairametrics| On Monday, 20th of February 2016, the Central Bank of Nigeria issued a new forex policy on its website. It ...
Black Market Is Down 35% Since Intro of Flexible Exchange Rate Policy
It's been a disastrous six months.
The Week Ahead: As Things Get Tighter, We Need To Be More Creative
The pot is shrinking big time The three tiers of government received a total of ₦4.95 trillion instead of the ...
CBN To Increase List Of Banned Items
Nairametrics|Despite criticism from various quarters, the Central Bank of Nigeria will continue with its present foreign exchange policy. The apex ...
Tuesday Madness: Exchange Rate Experiences Volatility At The Interbank
The Nigerian Interbank Market did the unthinkable today! The exchange rate opened at N305, depreciated to as low as N375/$1 ...
FX Policy Under Threat As Banks Shun Interbank Market
Sources Reveal Some Banks Are Now Openly Buying & Selling FX Above Interbank Rates This was after banks learnt that ...
