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International Market Outlooks and Insights

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Paid in GBP, EUR or USD? Then have a read at this.

Our head trader gives his insight on this week's major currency movement


latest news and Security

UK Currency: Withdrawal of the Houblon £50 Note (20 April 14)
We suggest you check your Sterling and spend these notes sooner rather than later  More...

French auto firm to begin vehicle assembly in Nigeria (20 April 14)
Assembly lines to engage in local assembly of Mitsubishi and Fuso light trucks and pickups  More...

Ex-American envoy, John Campbell, raps Nigeria—again! (20 April 14)
Comments on the current corruption quarrel between Nigeria and Zimbabwe  More...

Boko Haram Claim Deadly Abuja Blast (20 April 14)
"We are in your city, but you don't know where we are," Abubakar Shekau,   More...

Nigeria to establish tourism information desks at airports (20 April 14)
Bid to present a better image of Nigeria to the International community  More...

Terrorism: Over 2,596 Nigerians killed in three months (19 April 14)
Boko Haram has shunned several moves by the government to broker peace  More...

Another 77 feared dead in herdsmen atack (19 April 14)
The Red Cross say that about 77 people lost their lives  More...

 


 

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CBN Exchange Rates


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Updated:5 July 2013

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featured articles

hEALTHCARE iN nIGERIA

We get lots of emails asking us about healthcare facilities, health insurance, medical risks and treatments in Nigeria.

We have put together a quick guide that covers the most frequently asked questions we have received on this subject. You can read it here...

 

An emerging threat? Piracy And the Gulf Of Guinea

West Africa has seen a steady growth in pirate attacks in recent years, with reported incidents of piracy increasing 42 percent in 2011.

Given the Gulf of Guinea’s relative economic importance, this piracy, if left unchecked, may have a surprising impact not only regionally, but globally

Nigeria: A Retailer's Market

Lured by its clear potential – a large population, positive macro-economic growth and a strong appetite for consumer goods – chains both foreign and local are dramatically expanding their domestic retail footprint.

The lifting of an eight-year ban on the import of garments in December 2011 has also opened the door to foreign brands

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People Demand Protection From Their Police

The Boko Haram violence (which has left over 1,600 dead in the last three years) has caused a national uproar over the general lack of law and order throughout the country and the continuing government corruption that is at the core of all that is wrong in the country

the Militias Are Massing

The army is providing equipment and advice to churches and mosques to assist in defeating terror attacks. Off the coast of the Niger River Delta, attacks on service boats (for offshore wells) are increasingly common. But the menace of Boko Haram continues to be the main focus for all Nigerians and observers.

Please Don't Fight back

The U.S. has offered Nigeria assistance in going after drug smuggling and distribution gangs. Nigeria has accepted, in part because al Qaeda, and possibly Boko Haram, have become allies of the drug gangs. This was not done because the Islamic radicals approve of drugs (they don't, officially) but because it’s a quick way to obtain lots of cash to finance terrorist

War on Christians Escalates

Boko Haram related violence has left over 700 dead so far this year. Boko Haram keeps warning Christians to either convert to Islam or die. Moslem and Christian leaders are giving more speeches about avoiding religious warfare. The Christians in the south have restrained themselves and not retaliated (much) against their Moslem minority. But in the north???

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