Currencies

ORDER BASED TWO-WAY QUOTE (OB2WQ) FOREIGN EXCHANGE MARKET STANDARDS Following the recent developments in the Nigerian Foreign Exchange (FX) Market,...

The Central Bank of Nigeria issued a stunning circular on Wednesday indicating that it had closed down the Retail Dutch...

The Nigeria's central bank has scrapped rDAS market which it conducted bi-weekly following a circular issued. But the bigger news...

The Central Bank has spent $380 million in two days defending the naira, after it conducting special forex interventions to...

Reports suggest the central bank sold dollars on Monday to dealers at a whopping rate of N198 to the dollar. This...

Nigeria banned banks on Friday from reselling dollars bought at a currency auction to other banks, dealers said, a move...

This CHART OF THE DAY from Bloomberg shows that the rate at which the naira trades in the interbank market...

Nigerian stocks lost a whopping 2.7% today as the index closed at 27,935.77 for the first time since December 2012....

The Central Bank has spent an estimated $1billion in the last 12 days in its bid to defend the Naira. A...

Nigerian dealers pulled the plug on electronic trading in the naira currency on Wednesday after it slid past the key...