naira parallel market

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

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The Central Bank of Nigeria governor, Godwin-Abend, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System…

Forex-Engpässe werden beschuldigt, nachdem die nigerianische Währung gegenüber dem US-Dollar ein neues Tief erreicht hat

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A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. Dollar, ein Bericht hat gesagt. One…

Bedrohungen der nigerianischen Zentralbank zwingen den parallelen Wechselkurs-Tracker zur Einstellung des Dienstes

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Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currency’s black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets…