Tag
FOREX
Licensed currency traders say International Money Transfer Operators (IMTOs) are no longer diverting forex proceeds, especially diaspora remittances, outside the official system.
When most people hear ‘investing responsibly’, they think of buying shares in green energy companies or avoiding industries...
The naira ended the week on a slightly weaker note in the parallel market, trading at N1,560/$1 on Friday.
Forex market volatility: Naira becoming the most unpredictable currency in the world – BDC operators
Bureau De Change (BDC) Operators, under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON), have revealed that the naira is fast becoming the most unpredictable currency in the world.
Bureau De Change (BDC) operators have attributed the recent crash of the naira in the foreign exchange market to the huge demand for forex due to the windfall from some contractual payments and releases by some Federal Government agencies.
Investing N1 million can yield different outcomes depending on the asset class you choose. If you had put...
This article analyzes the performance of forex, equities, and bonds to uncover how each asset class performed in 2024.
In this new episode of Everyday Money Matters titled "How Currency Fluctuations Shape Your Life," we explore the...
On this special edition of MoneyBrief with Ugodre, we had Joanna put the boss on the hot seat!...
The African Development Bank (AfDB) has offered strategic recommendations for Nigeria and other African nations to address escalating debt burdens and foreign exchange challenges.
The Central Bank of Nigeria (CBN) has revised its guidelines, permitting licensed Bureaux de Change (BDCs) to purchase foreign exchange directly from Authorized Dealers.
The Manufacturers Association of Nigeria (MAN), Cross River and Akwa Ibom branch, has highlighted foreign exchange market volatility as a major threat to its operations.