TAG: FOREX WINDOW

CBN pumps fresh $364million into inter-bank Forex market

CBN pumps fresh $364million into inter-bank Forex market

The Acting Director of Corporate Communications, Central Bank of Nigeria (CBN), Mr Isaac Okorafor...


All the major economic news from Nigeria in 5 minutes – 19/6/2017

All the major economic news from Nigeria in 5 minutes – 19/6/2017

Summary of the top business, economic and political news in Nigeria today.   Barring...


Fitch gives Emfiele’s signature FX Policy pass mark

Fitch gives Emfiele’s signature FX Policy pass mark

After so much criticism for its forex policies from international analysts, the Central Bank...


CBN amends investor window rules: The nitty gritty

CBN amends investor window rules: The nitty gritty

More and more...


CBN’s list of 36 imported items valid for forex explained

CBN’s list of 36 imported items valid for forex explained

More clarification at...


Forex forwards sold by the CBN since July 2016

Forex forwards sold by the CBN since July 2016

Nairametrics| The Central Bank of Nigeria has so far sold a total of $5,747.76...



Why recent oil price slide could affect outlook for exchange rate

Why recent oil price slide could affect outlook for exchange rate

Oil prices have extended losses this week with the Brent crude sliding by 2.4%...


CBN Readmits These 3 Previously ‘Banned’ Banks Into The Forex Market

CBN Readmits These 3 Previously ‘Banned’ Banks Into The Forex Market

Welcome...


List Of Banks Banned From Participating In The SME Forex Window

List Of Banks Banned From Participating In The SME Forex Window

Good...


CBN Explains Why Multiple Exchange Rates Are Necessary

CBN Explains Why Multiple Exchange Rates Are Necessary

A plausible...


Analysts Explain Why The FX Window For Investors Will Fail

Analysts Explain Why The FX Window For Investors Will Fail

Who will be proved...


CBN’s New FX Window For Investors and Exporters Explained

CBN’s New FX Window For Investors and Exporters Explained

Nairametrics| The Central Bank of Nigeria on Friday opened a new special forex window...


CBN “Frees Naira” As It Creates New Window for Investors & Exporters

CBN “Frees Naira” As It Creates New Window for Investors & Exporters

Nairametrics| The Central Bank of Nigeria (CBN) has created yet another FX window for...


CBN’s Issues Form Q For SME’s; What You Need To Know

CBN’s Issues Form Q For SME’s; What You Need To Know

Nairametrics| The Central Bank of Nigeria last week announced that it had created a...


Frustrated, Importers Reveal How CBN’s Forex Policy Is A Mess

Frustrated, Importers Reveal How CBN’s Forex Policy Is A Mess

Who can sort this...


Does This Chart Support IMF’s Claim That Naira Is Overvalued?

Does This Chart Support IMF’s Claim That Naira Is Overvalued?

Nairametrics| Since the Central Bank of Nigeria rolled out its revised forex policy on...


Timeline: Forex Decisions Taken By The CBN Since February 2017 (Updated April 10 2017)

Timeline: Forex Decisions Taken By The CBN Since February 2017 (Updated April 10 2017)

Nairametrics| The reign of Godwin Emefiele as CBN Governor will perhaps go down in...


What We Experienced Trying To Buy Forex From Some Banks

What We Experienced Trying To Buy Forex From Some Banks

Nairametrics| The new CBN’s forex policy has been in operation for a little over...


Exchange rate hits N400/$1 at the parallel market as summer holiday hikes demand

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...


Emefiele Needs To Do This One Last Thing To Attract Foreign Investors

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

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....


Beware of These 4 ‘Demons’ Of The New Flexible Exchange Rate Policy

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....


It’s Official: CBN Floats The Naira, The Implications For You And I

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...


Official: CBN “Floats” The Naira, What It Means!

Official: CBN “Floats” The Naira, What It Means!

The Central Bank Governor Godwin Emefiele today announced that the CBN was adopting a  “flexible...


What The CBN Might Do This Week As Emefiele’s Policies Flop

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,...


BDC’s Explain Why The Naira Is Falling Everyday

BDC’s Explain Why The Naira Is Falling Everyday

As the naira continues to plummet against foreign currencies, some Bureau de Change (BDC)...


Why The Naira Depreciated To N345

Why The Naira Depreciated To N345

The Naira hit an all time low of N345 on Monday signalling more than...


Official: CBN Bans Sale Of Forex To BDCs, Here Is What It Means

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...


[Forex Ban] CBN and OPS Point Fingers at Each Other Whilst Dollar Hits N234

[Forex Ban] CBN and OPS Point Fingers at Each Other Whilst Dollar Hits N234

At an average of $300 million spent on 41 items on its restriction list...