Forex market
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%),…
Foreign reserves dip as forex market interventions, payments rise
Nigeria's foreign reserves dipped by $454.05m from $36.57bn on June 1 to $36.12bn on July 15, according to data from…
Traders stay away from forex market over naira devaluation
As the Central Bank of Nigeria rejigs the forex market as a prelude to rate unification and further devaluation of…
CBN funded forex market with $11.5bn in Q1 – CBN
Amid forex supply limitations, the Central Bank of Nigeria funded the the forex market with a total of $11.5bn during…
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into the interbank segment of the foreign exchange…
‘Nigeria’s forex market has potentials to eradicate poverty, reduce unemployment’
Maxwell Odum, the managing director and chief executive officer, MBA forex and capital investment Limited, says the potential in Nigeria's…
Iran’s central bank to launch integrated forex market in two weeks
The Central Bank of Iran (CBI) has concluded plans to begin an integrated forex market two weeks from today. In…
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