From the Street
Science & Tech
How will Nigeria's forex policy affect investment?
4 Apr 2017
The Central Bank of Nigeria has pledged to defend its current foreign exchange policy and the apex bank pumped a fresh 240 million dollars in the forex market on Monday.
Nigeria stocks start week in negative
4 Apr 2017
Nigeria's bourse closed negative on Monday, as investors took profit from a number of counters. Meanwhile, the Central Bank of Nigeria on Monday disbursed a total of 240 million dollars to retail end-users and authorised forex dealers.
Nigerian students in UK lament unstable exchange rates
27 Feb 2017
CBN Forex Policy - Nigerian students in UK lament unstable exchange rates.
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.
Nigeria issues N100bn OMO T-bills
7 Nov 2016
Nigeria's central bank last week stepped up its efforts to mop up liquidity in the banking system by issuing over N100 billion OMO T-bills two weeks before the November monetary policy committee meeting.
Nigerian stock market starts week negative
1 Nov 2016
The Nigerian equity market opened the week on a negative note with the NSE All Share Index falling 0.27 per cent to close at 27,220.09 points. Investors are digesting more bad news from corporate Nigeria as the economic recession.
How much of a game changer is Nigeria's new Forex policy?
17 Jun 2016
It's been an eventful week for markets in Nigeria. The new Forex policy announced by the central bank sparked a rally at the equities market, while also boosting sentiment at the bond and treasury bills market.
Nigerian traders expect market to remain bearish
6 May 2016
Traders say market indicators are pointing to a further increase in bearish sentiments. Lekan Olabisi, Forex dealer at GT Bank, joins CNBC Africa to review the fixed income and forex markets.
Nigeria's fixed income and forex markets review
23 Mar 2016
The MPC decision to hike rates lifted yields on the 20-year bond by 55 basis points to 12.7 per cent in early trade today.
Naira remains under pressure
3 Mar 2016
While the naira/dollar rate remains pegged in the official market, the exchange rate has been volatile in the parallel market. Dollar supply remains weak amid speculation that the central bank is considering modalities for a second tier forex market.