Forex

Forex

CBN
BANKING & FINANCE COVER NEWSLETTER
The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) following transactions concluded the previous day. The CBN Director ...
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Emefiele
BANKING & FINANCE COVER
THOSE accusing the Central Bank of Nigeria (CBN) of operating multiple foreign exchange (forex) rates are wrong, CBN Governor Godwin Emefiele has said. What obtains are multiple foreign ...
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Forex Trading
FOREX
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 ...
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Nigeria's Forex
BUSINESS & ECONOMY COVER NEWSLETTER
THE volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange market dropped by 39 percent, month-on-month, to $4.6 billion last ...
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CBN
BUSINESS & ECONOMY COVER NEWSLETTER
The Central Bank of Nigeria (CBN) has again made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totaling $279.13 million and CNY ...
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Nigeria's FX Market
BANKING & FINANCE
The Central Bank of Nigeria (CBN) has refuted allegations by a national newspaper that some CBN officials are colluding with unnamed agents to illegally pocket N32 billion from ...
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Nigeria's Eternal Reserves
BANKING & FINANCE
The Central Bank of Nigeria (CBN) yesterday injected another sum of $210 million into the interbank foreign exchange (forex) market. Figures released by the CBN indicated that authorised ...
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Border closure
BUSINESS & ECONOMY COVER NEWSLETTER
The Central Bank of Nigeria (CBN) has reteirated its readiness to facilitate access to foreign exchange by Nigerian companies that wanted to import equipment to ease business growth ...
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CBN
BANKING & FINANCE
The Central Bank of Nigeria (CBN) yesterday released its Treasury Bills Issuance Programme for the first quarter of 2019. In all, the central bank will sell treasury bills ...
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CBN
BANKING & FINANCE COVER
The $15,000 weekly Yuletide special intervention foreign exchange (forex) sales to Bureau de Change (BDC) operators commences today, the Central Bank of Nigeria (CBN) has announced. Umar Abdullahi, ...
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CBN
BANKING & FINANCE COVER NEWSLETTER
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, says the various initiatives aimed at encouraging domestic production has led to a drop in Nigeria’s monthly import ...
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CBN
BANKING & FINANCE
The Micro, Small and Medium Enterprises (MSMEs) have gulped over N100 billion from the coffers of the Central Bank of Nigeria (CBN) to support the country’s economic recovery ...
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Emefiele
BANKING & FINANCE
The Central Bank of Nigeria on Friday said it plans to boost its dollar sales to exchange bureaus after the currency weakened sharply on the black market. The ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER
The Naira on Thursday depreciated at the parallel market, exchanging at N368 to the dollar. The News Agency of Nigeria(NAN) reports that the Naira lost N4, compared to ...
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CBN
BANKING & FINANCE COVER
The Central Bank of Nigeria (CBN) yesterday intervened in the wholesale segment of the foreign exchange market, offering the sum of $100 million to dealers in that window. ...
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CBN
BUSINESS & ECONOMY COVER
The Central Bank of Nigeria (CBN) has pumped $26.765 billion into the interbank segment of the foreign exchange (forex) market since it started its forays into the market ...
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Currency Swap
BUSINESS & ECONOMY COVER
The combination of tightening global financing conditions, which has resulted to capital outflows in the country, the elevated global risk aversion, 2019 election uncertainties and high services payments ...
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Forex
BANKING & FINANCE
Financial experts have commended the foreign exchange intervention move of the Central Bank of Nigeria (CBN), stating that it would defend the naira from depreciating and stabilise the ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER
The Naira on Thursday appreciated marginally against the dollar at the Investors’ Window (I & E), exchanging at N363. 57, stronger than N363.94 posted on Wednesday. The daily ...
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Dollar
BANKING & FINANCE COVER NEWSLETTER Uncategorized
The U.S. dollar eased back from earlier highs on Thursday, as 10-year Treasury yields continued to climb. The U.S. dollar index, which measures the greenback’s strength against a ...
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