Market check-ups before trading the forex market

In the realm of currency trading, it is a well-known fact that most retail traders fail. Failure rates as high ...

FG plans new FX rules to boost value of the naira before December

by Aghogho Udi

October 31, 2023

The federal government is planning to introduce new rules to the forex market aimed at boosting the value of the ...

Naira crash: BDC operators to CBN, you need us to have liquidity in forex market

by Chike Olisah

August 15, 2023

Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have ...

FG plans to finance N11.34 trillion budget deficit, debt service projected at N6.31 trillion

CBN’s multiple exchange rate discourages investments in Nigeria – FG

by Ubah Jeremiah Ifeanyi

October 5, 2022

This is according to Nigeria’s Integrated National Financing Framework (INFF) a report commissioned by the government

Experts paint grim picture of what could happen if CBN stops sale of forex to banks

by Ubah Jeremiah Ifeanyi

February 12, 2022

Experts explore the possibility of what could happen if the CBN stopped the sale of dollars to banks.

CBN injects fresh $51.8m into FX Markets

by NM Partners

October 5, 2020

The CBN is looking to boost the value of the naira and thus strengthen the economy of the country.

Naira maintains stability at forex markets as dollar supply rise by 57%, Exchange rate, dollar, Foreign Direct Investment, Global Investment, Naira appreciates at I & E window, hits N384 to $1

Naira depreciates against dollar at I&E forex window, dollar supply up by 14.52%

by Chike Olisah

June 16, 2020

The exchange rate at the I&E window is different from the CBN’s published exchange rate.

Naira remains stable at the black market, Brent crude moves past $40 per barrel, Where to invest N500,000 right now, Naira crashes to new record low at black market as businesses divert export proceeds,Naira crashes to N500/$1 at black market as CBN adjusts exchange rates

Naira drops at the parallel market despite gaining at I&E forex window

by Chike Olisah

June 11, 2020

The naira was strengthened on Wednesday as it appreciated to N386.94 to a dollar at the Investors and Exporters (I&E) window, after ...

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira gains at the parallel market as local currency strengthens across forex markets

by Chike Olisah

June 10, 2020

The naira made a rebound in the foreign exchange market as it gained against the dollar at the parallel market.

Global stocks tumble on "corona" sell off, BLOODY WEEKS: Coronavirus cost investors N1 trillion, triggers devaluation fears, Global Market Summary on Tuesday, Analysis: The economy is crashing, avoid falling knives,, Debt crisis looms in emerging markets,Debt crisis looms in emerging markets

Mixed trends trail Nigerian markets

by Abiola Odutola

June 7, 2020

Funding rates to hover around current levels next week barring any significant flows.

Tag: Forex Market