By Adedapo Adesanya The Naira depreciated again at the Nigerian Autonomous Foreign Exchange Market (NAFEM) against the US Dollar on Tuesday by N1.19 or 0.08 per...
By Modupe Gbadeyanka An unauthorised Bureaux De Change (BDC) operator, Mr Faruk Umar, has been convicted and sentenced to six months imprisonment by Justice Chukwujekwu Aneke...
By Adedapo Adesanya The Naira appreciated further against the United States Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) by N1.50 or 0.09 per cent...
By Adedapo Adesanya The Central Bank of Nigeria has set a minimum trade value of $100,000 for interbank foreign exchange trading via the Electronic Foreign Exchange...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS) for Foreign Exchange (FX) transactions...
By Dipo Olowookere The Central Bank of Nigeria (CBN) has launched a price verification system portal to allow importers and others to have access to foreign...
By Adedapo Adesanya The Naira appreciated against the American Dollar on Wednesday at the Peer-2-Peer (P2P) arm of the foreign exchange (FX) market by N1 to...
By Adedapo Adesanya The Naira closed weaker against the United States Dollar at the Investors and Exporters (I&E) window of the foreign exchange market on Friday,...
By Adedapo Adesanya The value of FX transactions at the Investors and Exporters (I&E) window of the foreign exchange market significantly increased by 45.4 per cent...
By Adedapo Adesanya The Naira appreciated against the United States Dollar on Tuesday by 0.31 per cent or N1.33 at the Investors and Exporters (I&E) segment...
