Forex

Bankers want to use commodities ecosystem drive CBN’s RT200 FX

BY: OMOME AMUGE Bankers and other operators in the Nigerian financial market have identified deployment of commodities ecosystem as a…

CBN initiates steps to harmonise exchange rates

Wale Ameen Online Editor   There are indications that the Central Bank of Nigeria as at Friday has began gradual…

Investors lost N116bn on Wednesday as sell pressures in MTN, Access Bank, Stanbic dragged the NSE-ASI

Charles Abuede   The local bourse continued in its staggering movement on Wednesday due to selling pressures in MTN Nigeria (-2.9%), Access Bank (-3.6%),…

CBN introduces new FX policy to increase forex availability and preserve external reserves

Policy shows bank is shifting to flexible exchange rate management   Charles Abuede   Nigeria is now gradually and tenderly…

Forex scarcity worsens as inflow fell by $2.43bn to $9.72bn in April

Nigeria’s lingering foreign exchange scarcity continued in April as inflow declined by 25 per cent to $9.72 per cent in…

FirstBank leads dialogue for inclusive growth in Fintech ecosystem

By Omobayo Azeez First Bank Nigeria Limited (FirstBank) has championed discourse in the financial services industry to promote inclusive growth…