FX market

Stocks edge higher on Thursday as buying interest in banking and ICT indices fuelled N106.5bn profit for investors

Charles Abuede   The consecutive positive tides continued in the market for a second straight session as a result of…

How to trade currencies through Forex mobile apps

Advanced mobile technologies allow us to handle everything on the go. Consumers use apps to do their shopping, pay bills,…

$60b forex cash kept naira stable for 29 months – Emefiele

The $60 billion inflow from the investors’ and exporters’ Foreign Exchange (I&E Forex) window has been identified by Central Bank…

FX market seen stable on the CBN’s continuous intervention

This week, the market would trade stable on the back of CBN continued weekly FX intervention sales. Despite the onset…

Nigeria central bank boosts FX market with $210m

The Central Bank of Nigeria (CBN), Wednesday, May 2, 2018, injected the sum of $210 million into the inter-bank Foreign…

Nigeria banks’ quote using investors’ window seen moving towards single naira rate

A move on Wednesday that saw Nigerian banks using the naira exchange rate at the Investors’ and Exporters’ foreign exchange…

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