Blackmail, not forex, major reason for multinationals exiting Nigeria – Ekeh
Serial digital entrepreneur, Leo Stan Ekeh, has spotlighted the chief reasons why multinationals are exiting Nigeria and warned that if ...
Tag: forex
State-owned investors’ assets hit $49.7 trillion in 2023
Assets of SOI in the world reached a staggering $49.7 trillion in 2023, representing a 2.9% increase from the $48.3 ...
Forex turnover drops $181.30 million as naira falls against dollar to N854.61/$1 at the official market
Forex turnover declined by 21.45% to $181.30 M as naira depreciated against the dollar on Weds, closing at N854.61/$1 at ...
Forex turnover hits $198.21 million as Naira drops to N840.53/$1 at the official market
Forex turnover rose by 61.86% to hit $198.21 million as the naira further crashed against the dollar at both the ...
Forex crisis: FG Begins talks with World Bank, solution underway
Minister of Finance, Wale Edun, has assured Nigerians that solution to the foreign exchange crisis in the country is underway.
Currency Roundtripping concerns grow as exchange rate disparity widens
There are mounting concerns that the widening disparity between the dollar and naira may be triggering a new wave of ...
UAE/Nigeria trade deal would put pressure on scarce forex – Ugodre
Founder/Chief Analyst of Nairametrics, Ugodre Obi-Chukwu says trade deal between UAE and Nigeria will put pressure on Nigeria’s scarce fx.
BIG READ: Difference between a fixed, free float crawling peg and managed float exchange rate system; which is better for Nigeria?
In a landmark move on June 16th, 2023, the Central Bank of Nigeria unveiled sweeping reforms to its foreign exchange ...
HFM vs. Other Top Brokers: Which is the better fit for you?
HFM is a leading multi-asset broker in the Forex industry, providing traders with a range of tools and platforms to ...
Nigerian naira weakens against US dollar, trades at N772/$1 on June 22, 2023
Nigerian naira weakens against US dollar, trades at N772/$1 on June 22, 2023.
