Need Forex? These Options Are Cheaper and Better Than Black Market
A friend was going traveling out of the country for the Xmas holiday with his family. It is a yearly ...
Tag: Naira Devaluation
News and stories about Naira Devaluation
$400million Pumped Yesterday Alone Yet Dollar Still Trading At N166
The Central Bank of Nigeria (CBN) yesterday increased its supply of the dollar at the Retail Dutch Auction System (RDAS) ...
Difference Between WDAS & RDAS
The Central Bank recently introduced sweeping Foreign Exchange guidelines that is expected to eliminate or drastically reduce money laundering as ...
Official: Nigeria Is Highest Importer of Dollars In The World
The current CBN Governor is usually not one to hold his peace when it comes to matters involving monetary policy. ...
Are Bureaux D Change To Blame For Weak Naira?
At the recently concluded MPC meeting yesterday where the CBN voted to hold MPR at 12% for the 12straight month, ...
Don’t Panic: CBN Promises To Defend Naira
CBN Deputy Governor (Operations), Mr. Tunde Lemo, told THISDAY at the weekend that the central bank would continue to ...
Is It Time To Dump Or Buy The Pounds Sterling??
On a recent impromptu trip to the US, I borrowed about about £680 from a friend promising to repay on ...
IS THE NEW N5K NOTE A PRELUDE TO $1=N200? FOR NOW ITS A RUMOR BUT…..?
On a faithful day on the 3rd of December 2008 Nigerians woke up to a 6.58% depreciation of the Naira ...
