The volatility and uncertainty of the forex market seem to persist due to liquidity shortages across markets.
Fidelity Bank Plc is expected to release its half-year 2020 financial statement on or before August 29, 2020.
Forex shortages have persisted since the crash in oil prices coincided with the global lockdown.
The Nigerian banking system has been through two major asset quality crisis.
The Covid-19 economic lockdown impacted negatively on investor inflow into Nigeria.
The CBN warned the public to stop any form of correspondence with the fake Twitter handle.
The rise in demand and contrasting drop in supply has called for another round of devaluation...
Regarding the currency outlook, respondent firms expect the Naira to depreciate in the current month.
Timeline of every action announced since the outbreak hit Nigeria.
Forex turnover dropped from $90.88 million on Wednesday, June 24, 2020, to $14.68 million on Thursday, June 25, 2020, representing a decline of 83.8%