Nigeria’s recent liberalisation of its foreign exchange (forex) market has been hailed as a turning point in the country’s quest…
Browsing: Forex
Popular content creator, Mark Angel has come out to speak about how he suffered a huge financial problem in 2024.…
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have imposed sanctions on 10 banks for…
The Central Bank of Nigeria (CBN) is currently verifying disputed foreign exchange claims amounting to $2.4 billion, according to the…
The Nigerian naira has continued its downward slide in the parallel market, reaching an alarming exchange rate of N1,705 to…
Nigeria’s foreign exchange (forex) crisis has severely impacted the development of four major inland dry port projects across the country,…
Local airlines have attributed the skyrocketing airfares to foreign exchange volatility and the soaring inflation in the country. The Chief…
Nigerians spent $38.17 million on foreign education expenses between January and March 2024. This is according to data from the…
The Chairman of Eterna Plc, Gabriel Ogbechie, has disclosed that the company lost N9.4bn due to the foreign exchange crisis…
The Nigerian naira maintained its stability on Thursday, exchanging at N1,495 against the dollar on the parallel market, also known…
The ongoing forex crisis in Nigeria is emerging as a significant threat to the operations of modular refineries, potentially impacting…
In a recent directive, the Central Bank of Nigeria (CBN) has instructed the Nigeria Customs Service to incorporate the official…
The Infosride news brings you an in-depth exploration of the recent developments in the forex market, where Binance, one of…
In the ever-evolving landscape of the foreign exchange market, Bureau de Change (BDC) operators are strategically planning to implement automation…
Comercio Partners has expressed concern that the ongoing forex crisis may discourage foreign investors. This assessment highlights the potential impact…
The Economic and Financial Crimes Commission (EFCC) has launched an investigation into a significant forex scandal involving $347 billion. As…
In a recent assessment, Fitch Ratings has reported that the Central Bank of Nigeria (CBN) is still short of the…
Forex turnover experienced a notable decline, dropping by 21.45% to $181.30 million on December 20, 2023, as the Nigerian naira…
In a surprising turn of events on Monday, the Nigerian naira experienced a notable appreciation, marking a 27.16% gain to…
In the span of the last three months, a remarkable financial narrative has unfolded across various states in Nigeria, as…