Currencies
Nigeria's daily parallel market exchange rate tracker
3rd Quarter Results: Analyst Predict Doom For Nigeria Banks
Q3 results are expected to start trickling in this week and will continue till the end of the month. As...
Read moreDifference Between WDAS & RDAS
The Central Bank recently introduced sweeping Foreign Exchange guidelines that is expected to eliminate or drastically reduce money laundering as...
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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....
Read moreAre 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,...
Read moreDon’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...
Read moreLaunched: FXTM Introduces Over The Weekend Forex Trading Account
The ForexTime Limited (FXTM) has introduced an "Over-the-Weekend (OTW) trading account, where traders can enjoy swap-free trading from Monday...
Read moreBubble Season: Naira Depreciates, Nigerian Bond Yields Rise, As Foreign Investors Pull Out Cash.
Yields on Nigeria's 10-year bonds have increased by about three per cent in the past two weeks as investors sell-off...
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Naira Falling Quickly Against The Dollar. Now At 10 Months Low
Nigeria's naira currency fell to its weakest level in almost 10 months on the interbank market on Friday, driven...
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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...
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CBN SAYS “WE DO NOT HAVE THE CAPACITY TO BAN — USE OF DOLLAR FOR LOCAL TRANSACTIONS”
In response to the House of Reps resolution that the CBN should ban the use of dollars for transactions...
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