From the Street
Science & Tech
CBN to meet bureau de change operators on forex stability
10 Jan 2017
Nigeria's Central Bank plans to meet bureau de change operators today to explore ways to eliminate the gap between the official and parallel market dollar rates.
Will 2017 be another year of dollar dominance?
3 Jan 2017
Koon How Heng, Credit Suisse senior FX strategist, discusses the outlook for currencies in 2017 with Bloomberg's Betty Liu and Shery Ahn on 'Bloomberg Daybreak: Asia.'
Yuan set for biggest fall since 1994
21 Dec 2016
China's efforts to curb the yuan's decline are doing very little to dissuade the yuan bears. The currency suffered its biggest annual plunge since 1994.
Nigeria central bank intervenes to avert fuel scarcity
6 Dec 2016
Nigeria’s central bank on Monday asked commercial banks to submit a backlog of dollar demand for fuel importers for a special intervention. Traders say the government is seeking to prevent the scarcity of petrol.
2016: Challenging year for Nigeria's manufacturers
5 Dec 2016
Persistently high interest rates, acute forex shortage and an increasingly difficult operating environment have further squeezed margins and led to mass job losses across the country.
Is the U.S. dollar poised for a major surge?
19 Nov 2016
Bloomberg's Vincent Cignarella and Matt Boesler discuss the outlook for the U.S. dollar and Treasuries
Impact of Nigeria's naira devaluation on Q2 earnings
17 Nov 2016
As the second quarter earnings season winds down, a big takeaway has been the impact of the devaluation of the naira on corporate Nigeria.
Is a Trump presidency good for emerging markets?
7 Nov 2016
Ray Attrill, co-head of global FX strategy at National Australia Bank, discusses the U.S. election and what a Donald Trump presidency could mean for emerging markets.
Naira remains steady against US dollar
4 Nov 2016
The Central Bank of Nigeria held an OMO T-bills auction on Thursday, selling N19 billion and N98 billion on the 196-day and 364-day bills.
Tough times for Nigerian banks, but no collapse
3 Nov 2016
It's a tough time for banks in Nigeria. Ahead of the November Monetary Policy Committee meeting, Ejikeme Okoli, Research & Market Intelligence Officer joins CNBC Africa discuss how the MPC can help the banks.
Nigeria's T-bills down 11%
24 Oct 2016
Nigeria's overnight interbank rates were down on Friday to 11 per cent after the Central Bank of Nigeria repaid matured treasury bills and cash meant for capital projects.
Nigeria overnight rate hits 150%
19 Oct 2016
Nigeria's overnight interbank rate was quoted at a record high of 150 percent on Tuesday, two days after lenders placed funds with the central bank to participate in last Friday's currency forward auction.