CURRENCIES

NIGERIA: Daily Parallel Market Exchange Rate (June 28th 2019)

CBN’s intervention in FX market hit $39 billion in 2018

NNPC set to meet December 2019 deadline on petroleum product importation

Nigeria’s External Reserves drop below $47billion below for first time in 4 months

These factors could lead the exchange rate to depreciate to N403/$1

CBN begins implementation of electronic certificate of capital importation today

CBN’s likely next steps as external reserves bounce back to pre-Buhari levels

Jitters as the CBN fails to update external reserves figures in 10 days

CBN pumps fresh $364million into inter-bank Forex market

This is the N7 trillion CBN debt no one seems to be talking about