naira

Foreign currency shortages are cutting Nigerians off from Apple Music, AliExpress, and more

Foreign currency shortages are cutting Nigerians off from Apple Music, AliExpress, and more

In July 2021, Lagos-based software engineer Sodiq Lawal was working on a project for a fintech startup when the Central… Read More

2 years ago

I Prefer Dollar Investments to Naira Assets Because I Have a Dollar Salary

Every week, Yunus Ibrahim, speaks to a DIY investor about what they invest in and why. The interviews are anonymous.… Read More

3 years ago

How to Stabilize the Naira- Dr Ayo Teriba

Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled… Read More

4 years ago

Beyond AbokiFX: CBN Should Stop Subsidising Imports

What should we do about all of this? As I have said before, and say again, we have two options.… Read More

4 years ago

Any lessons from CBN’s surreptitious devaluation of the naira?

With the naira’s exchange rate plumbing new depths and the balance on the gross external reserves scraping the bottom of… Read More

4 years ago

The Naira in 2021: Gap between CBN & Parallel Market Rates to Stay

The exchange rate or the external value of the naira is the most important price in the Nigerian economy. Hence,… Read More

4 years ago

Naira Appreciates at I&E Window After Another CBN Intervention

The exchange rate at the Nigerian Investors and Exporters’ (I&E) Window closed at N394/$1 on Monday, January 4, 2021, following… Read More

5 years ago

Nigerian Markets Last Week: Naira Depreciates in Year-End Trading, Bitcoin Continues Hot Streak

The Nigerian Markets report for the week ended January 1, 2020. Stock Market The Nigerian Stock Exchange All-Share Index and… Read More

5 years ago

“CBN Forex Rate is a Joke”: Why the Black Market Is Popular

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, last week criticized Nigerians for patronizing the black market for foreign… Read More

5 years ago

Despite Resumption of Forex Sales to Bureau de Change Operators, Naira Plunges

The Central Bank of Nigeria’s measures to address Nigeria’s naira continued plunge appears ineffective as the currency weakens further against… Read More

5 years ago

Naira Dollar Exchange Rate 2020: Analysts Predict N410/$ Exchange Rate at United Capital PLC’s Webinar

One of Nigeria’s leading financial advisory and investment banking firms, United Capital PLC, has suggested ways to cope with the… Read More

5 years ago

Institute for Security Studies Says Naira Devaluation will Boost Agriculture Exports

Institute for Security Studies Says Naira Devaluation will Boost Agriculture Exports.  In an article for the Institute for Security Studies,… Read More

5 years ago