Black Market Archive

Nigerian Central Bank Threats Force Parallel Exchange Rate Tracker to Suspend Service

Nigerian Central Bank Threats Force Parallel Exchange Rate Tracker to Suspend Service

Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a
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Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation

Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation

The Nigerian naira currency lost further ground against major currencies after it depreciated to
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Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates

Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates

In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the
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