Exchange rate
19 Sep 2020
The Central Bank of Nigeria's recent increase in exchange rate for the clearance of imported items from 361 to 381 naira to a dollar is causing ripples in the ports.
30 Jun 2019
FSDH Merchant Bank says the Central Bank of Nigeria should continue to restrict access to foreign exchange for the importation of items that can be locally produced produce and should work at unifying the multiple exchange rate regime in the country. Ayodele Akinwunmi, Head of Research at FSDH Merchant Bank joins CNBC Africa to breakdown this report.
4 Jul 2017
As the Central Bank of Nigeria continues to work towards a convergence of rates in the forex space, what impact will an exchange rate convergence have on Nigeria's economy?
15 May 2017
According to BMI Research's recent report titled, outlook for Nigeria's economy, improved oil production, higher oil prices, and greater exchange rate flexibility will all contribute to a return to positive real GDP growth in Nigeria in 2017.
27 Feb 2017
CBN Forex Policy - Nigerian students in UK lament unstable exchange rates.
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