Muslim pilgrims moved the Naira Exchange rate, as demand resurfaces
Increased demand for dollars from Muslim pilgrims travelling and individuals paying for school fees abroad has led to a fall ...
Tag: Naira exchange rate
News and stories about Naira exchange rate
Finally, Nigeria is on the verge of a unified exchange rate
The FMDQ asked banks to start quoting rates from the Investors’ & Exporters’ FX Window instead of the CBN official rate. ...
Nigerian Banks raise dollar limit on Naira debit cards
Nigerians, who execute frequent dollar transactions, now have cause to smile as commercial banks in the country have raised dollar limits ...
Looks like CBN dollar Intervention is yielding ‘positive results’
The series of recent interventions by the Central Bank of Nigeria appears to be yielding expected result as Nigerian Banks ...
7 ‘unexpected’ lessons learnt from the CBN FX Windows
Back in February 2017, the Central Bank of Nigeria opened a window that allowed retail buyers access forex for invisible ...
Another anomally as bank rates trade higher than black market
The Central Bank of Nigeria (CBN) may have to tinker with its foreign exchange policies as official bank dollar rates ...
Currency futures Trading volume wanes as rates converge
The volume of trade in the Nigerian currency futures market has dropped dramatically since the CBN came up with the ...
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% to about $47 this week. This ...
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 history as one of the most ...
Alternatives To Floating The Naira
In case you missed the first part of this article. You can get it here Nairametrics| At this juncture, while ...
