By Adedapo Adesanya The foreign exchange (forex) market in Nigeria on Friday reacted negatively to the directive of President Muhammadu Buhari to the Central Bank of...
By Adedapo Adesanya At the end of transactions on Thursday, April 2, 2020, the Naira pulled a 0.66 percent or N2.55 gain against the US Dollar...
By Adedapo Adesanya The Naira pulled a strong performance across segments of the foreign exchange market on Thursday, January 16, to close the session with an...
By Modupe Gbadeyanka Fitch Ratings has expressed that the new foreign exchange policy introduced by the Central Bank of Nigeria (CBN) on Monday, February 20, 2017,...
By Modupe Gbadeyanka The Nigerian currency, Naira, appreciated in value on Friday against the Dollar at both the parallel and the interbank markets. The Naira was...
By Modupe Gbadeyanka The Lagos Chamber of Commerce and Industry (LCCI) has condemned the directive to commercial banks in Nigeria by the Central Bank of Nigeria...
By Modupe Gbadeyanka Nigeria’s currency market registered $327 million worth of trades on Monday, about six times more than its usual volume, the market regulator told...
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...
By Dipo Olowookere Nine commercial banks operating in Nigeria were on Tuesday suspended by the Central Bank of Nigeria (CBN) from the interbank foreign exchange market....
