The decision by the new Governor of the Central Bank of Nigeria, Dr. Yemi Cardoso, to lift the forex ban…
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The Association of Bureau De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to permit…
The Vice Chairman of the Basic Metal sector of the Manufacturers Association of Nigeria (MAN), Mr. Lekan Adewoye, has expressed…
Trading the forex market can be tricky, from understanding how to read currency prices and trading signals to executing effective…
The Central Bank of Nigeria sold $4.86 billion worth of foreign exchange to authorities dealers in the first quarter of…
Nigeria’s external reserves fell by 3.6% in August 2022, to $39.024 billion, down from $40.520 billion on December 31, 2021.…
Thursday, 25th August 2022: The exchange rate between the naira and the US dollar closed at N430.67/$1 at the Investors and…
The NESG said that the country’s economic growth was dominated by sectors with low contributions to output and weak job-creating…
The Central Bank of Nigeria (CBN), has advised Nigerians not to succumb to the speculative activities of some players in…
Forex is the most liquid market in the world, which involves a daily exchange of trillions of dollars. A career…
The monetary authority is in a good position to ease foreign exchange (FX) pressure as its coffers have been enhanced…
The government’s lack of capacity to reduce tariffs and foreign exchange (FX) crisis will continue to give other West and…
The Central Bank of Nigeria (CBN) has stated categorically that it has no intention of converting forex in domiciliary accounts…
The Central Bank of Nigeria has warned microfinance banks against performing certain non-permissible activities, including wholesale backing and foreign exchange…
The Federal High Court Abuja has frozen the bank accounts of some investment and trading platforms that Nigerians have been…
Heavy reliance on importation and weak Naira-to-Dollar exchange rate have been blamed for the spike in aviation fuel, currently pegged…
The Financial Derivatives Company Limited has described the documentation process required by banks for the sale of foreign exchange as…
Meters Assets Providers (MAPs) operating in the Nigerian Electricity Supply Industry (NESI) have demanded an upward review of the current…
Naira gained against the U.S. dollar on Tuesday at the official market, a day after a major slip at the…
Operators in the telecommunications industry are seeking special consideration to enable them get access to more foreign exchange. Some industry…