FOREX

The Central Bank of Nigeria (CBN) has introduced longer-term contracts on the naira in a move to attract more foreign inflows, shore up its dwindling dollar reserves and ...

The Central Bank of Nigeria (CBN) sold a total of $9.98 billion to authorized foreign exchange dealers in the fourth quarter of 2019. The data, extracted from the ...

The African Development Bank (AfDB) disclosed that it had partnered with the United Kingdom’s development agency, DFID to unveil its $80 million infrastructure financing initiative for Africa. The partnership was ...

Sterling neared its weakest against the U.S. dollar in more than two years on Tuesday amid mounting uncertainty as British lawmakers prepared to vote on the first stage ...

Forexperators have clarified  that investment in foreign exchange is different from Ponzi schemes and other internet fraud. They spoke in Lagos at the one-day financial investors’ summit organized ...

The Central Bank of Nigeria (CBN) has stopped importers of textile and textiles materials from accessing its foreign exchange, forthwith. The CBN Governor, Mr. Godwin Emefiele, announced the ...

The British Pound Sterling, on Thursday, June 28, crumbled to its lowest since mid-November, as investors fretted that the message to come out of a European Union summit ...

The United States of America dollar on Thursday, June 28, dropped, giving up early gains as rising inflation in some German regions prompted some traders to buy the euro, though ...

Investors raised their short positions in Asian currencies over the past month, a Reuters poll showed, with bets on the Chinese yuan turning bearish for the first time ...

The European single currency, Euro,  on Thursday, June 28, traded 0.2 percent higher at $1.1572 per dollar. Against the British Pound sterling, the euro hit a near two-month ...

The European Single Currency, euro, rebounded on Wednesday, June 27, as concerns about an escalating trade conflict held back the dollar, while traders said markets needed clarity on ...

The British Pound Sterling slumped to an 11-day low versus the euro on Wednesday, June 27, as traders positioned for a speech by the Bank of England’s governor, ...

The Central Bank of Nigeria, CBN, has again released another tranche of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange, forex market. In ...

The United States of America dollar, on Wednesday, June 27, held steady against a basket of currencies, its earlier bounce from two-week lows flagging amid lingering trade conflict concerns. The ...

The British Pound Sterling fell against the dollar on Tuesday, June 26, after traders saw as dovish comments from incoming Bank of England rate-setter John Haskel about the ...

The European Single Currency, euro edged 0.1 percent lower at $1.1696 EUR=EBS, on Tuesday, June 26, extending its recovery from its 11-month low of $1.1508 touched on Thursday. Still, ...

The United States of America dollar, on Tuesday, June 26, held near a one-week low against a basket of currencies, as investors retreated to the sidelines while concerns ...

China’s yuan on Monday, June 25, ended the official domestic trading session at its lowest level in six months following the central bank’s cut in some banks’ reserve ...

The rally previously witnessed by the European Single Currency, euro, slipped away on Monday, June 25, as the dollar edged up with trade tensions between the United States ...

The British Pound Sterling crawled back towards a seven-month low on Monday, June 25, before a crucial EU summit as investors booked profits from a short rally after ...