Enough of the Jankara Economist! Let Us Regain Our Sanity
With the ongoing beating of the Naira at the exchange market and its apparent devaluation, I have come to the ...
Tag: Forex Policy
News and analysis about forex policy
Exchange rate hits N400/$1 at the parallel market as summer holiday hikes demand
Nigeria's exchange rate dropped to a new low of N400 to the $1 at the parallel market on Thursday. This ...
Emefiele Needs To Do This One Last Thing To Attract Foreign Investors
The Central Bank Governor, Godwin Emefiele is really one tough cookie.
These Are What We’ve Learnt About The New Exchange Rate In The Last One Week
It's officially seven days since Nigeria began a free float of its exchange rate. The new interbank foreign market ushered ...
Beware of These 4 ‘Demons’ Of The New Flexible Exchange Rate Policy
If you’re not a Nigerian, please stop reading and close this page. Thank you. Ehen, now it’s just us Nigerians ...
Why Banks Are Sending Customers Emails With New Daily Forex Withdrawals Limit
Nigerians were inundated with messaged from their banks informing them of limits to foreign denominated transactions. Some messages read as ...
President Of BDC’s Explains Why He’s Not Entirely Happy With The New Exchange Rate Policy
As investors locally and abroad load the new foreign exchange regime, it appears not every one is entirely happy with ...
Oops: Buhari Approved N250 to $1
According to an exclusive report from Reuters
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 ...
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 ...
