What You Need to Know About the New Naira Policy By Chuks Emele It’s no longer news that the Central … More
Tag: naira
Central Bank Puts New Naira Notes Into Circulation
Central Bank Puts New Naira Noted Into Circulation By Sahabi Abdul Newly redesigned naira notes were put into circulation today … More
Nigeria Central Bank to Ration Naira Notes After Redesign
Nigeria Central Bank to Ration Naira Notes After Redesign By Bashir Olanrewaju Nigeria’s monetary regulator, the Central Bank of Nigeria, … More
The Unintended Effects of Naira Redesign
The Unintended Effects of Naira Redesign Money Palaver By George Eze Emeghara Apart from security issues, the big story in … More
Buhari Enacts Currency Notes Exchange as Swan Song
Buhari Enacts Currency Notes Exchange as Swan Song By Bashir Olanrewaju Nigerian President Muhammadu Buhari, in the twilight of his … More
Naira Crashes in Interbank Trading as Rate Gaps Narrow
By Sahabi Abdul Nigeria’s naira plunged in the import-export window of the interbank market, crossing the four hundred mark for … More
Money Changers Want a Piece of Diaspora Remittances Pie
By Bashir Olanrewaju Money changers grouped under the Association of Bureaux des Change Operators of Nigeria (ABCON) have asked to … More
Naira’s Brinkmanship and the Number 500
Penny Wisdom By Emeka Uzoatu Have you heard the news? Against all the negative predictions of the naysayers, Nigeria’s national … More
Naira’s Recovery in Parallel Market Speaks to Diaspora Power
By Chuks Emele The naira clawed back 6 percent within three days, after touching the precipice of 500 per dollar, … More
CBN Eases Money Transfer Rules, Allows Dollar Payments
By Bashir Olanrewaju Nigerian recipients of international money transfers can now be paid in foreign currencies at banks of their … More
Naira Falls to 500 Per Dollar as CBN Weakens Rate
By Sahabi Abdul Nigeria’s naira exchanged for 500 to a dollar on Monday as the central bank began implementing weaker … More
The Great Devaluation Debate
Penny Wisdom By Emeka Uzoatu Today all Ben’s been called are names – from his first step out of his … More
Falling Diaspora Remittances Worsen Naira’s Woes
By Chuks Emele Pressure on Nigeria’s naira, caused by lower crude oil receipts, is being made worse by a sharp … More
Naira Falls in Parallel Market After Emefiele’s Scolding
By Bashir Olanrewaju Nigeria’s naira currency fell almost 1 percent on Wednesday in the parallel market, just a day after … More
Markets at a Glance
Wednesday, 30 September 2020 EQUITIES • The All-Share Index gained 0.83% to 26,831.76 with a market capitalization at 14 trillion … More
Retirement: When Delay is Preferred
Money Palaver By George Eze Emeghara It used to be that people looked forward to retiring. It was chance for … More
Daily Market Wrap
Monday, August 10, 2020 Market Insights-The Nigerian equities market reversed its direction and closed in the red today with both … More
Key Players in Nigeria’s Financial System
The various actors that constitute the Nigerian financial system fall into seven broad groups: Regulators Trading exchanges Exchange facilitators Investment … More
Weekly Nuggets
Saturday, July 17, 2020 CBN Approves Seizure of Debtors’ Funds in Other Banks The Central Bank of Nigeria has given … More