Tag: parallel market

YNaija August 11, 2023

ECOWAS Activates Standby Force in Response to Niger Coup; Increased Petrol Price Fears Intensify as Naira Dips in Parallel Market | 5 Things That Should Matter Today

ECOWAS Activates Standby Force in Response to Niger Coup Increased Petrol Price Fears Intensify as Naira Dips in Parallel Market Kano State Tribunal Nullifies Election of NNPP Rep Over Alleged…

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YNaija November 11, 2022

Dollar falls to N730 at parallel market; Hoarders of naira notes purchasing dollar bills from BDEs

The naira, which has been depreciating against major currencies for the past two weeks, has made a comeback in the parallel market, registering gains. Recall that the Nigerian currency touched…

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Azeez April 25, 2017

CBN must eliminate multiple exchange rates – Soludo

Former governor of the Central Bank of Nigeria (CBN), Charles Soludo has called on the Federal Government to scrap the multiple exchange rates in the country. Soludo, who was the…

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Op-ed Editor September 28, 2016

The Thread: Help, economic terrorists are killing the naira

Investment analyst, Manasseh Egedegbe, who tweets @knightofdelta is worried about where Nigeria's economy is going. We all should be: the naira is currently trading at 445 to the dollar at the parallel…

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Op-ed Editor September 7, 2016

Opinion: Who parallel market epp?

by Olamide Eyinla The main topic today in Nigeria is the value of the Naira. Sometime in June 2016, the Naira was floated to reflect its true value as the…

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