By Adedapo Adesanya The Naira opened the week on a negative note in the official and black market segments of the foreign exchange (FX) market on...
By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso has announced that forensic verification to clear all pending foreign exchange...
By Modupe Gbadeyanka A partnership aimed to facilitate the provision of diaspora cash remittance services to rural recipients in Kenya through the Savings and Credit Cooperative...
Foreign exchange, or forex, the market is one of the most exciting and potentially lucrative markets in the world. With a daily turnover of trillions of...
By Dipo Olowookere, Adedapo Adesanya As earlier predicted by some analysts a few days ago, the Nigerian currency is gradually coming under another round of pressure...
By Dipo Olowookere The first trading day of this week at the parallel segment of the foreign exchange market in Lagos ended flat with the Naira...
By Dipo Olowookere About N596 billion was used to import Premium Motor Spirit (PMS), commonly called petrol of fuel, into the country in the first six...
By Modupe Gbadeyanka President of Dangote Industries, Mr Aliko Dangote, has disclosed that his business estate would start selling foreign exchange to the Central Bank of...
By Modupe Gbadeyanka The United Bank for Africa (UBA) has now been readmitted into the foreign exchange market after it was earlier barred by the Central...