Tag: Forex

Forex Crisis: FG Blocks Binance, OctaFX, Coinbase And Others

The Tinubu-led Federal Government has blocked Binance, OctaFX, Coinbase and other cryptocurrency

Daniel Daniel

Nigeria Unifies Forex Rates; Boosts Investor Confidence

The foreign exchange market is one of the biggest financial markets in

mm John Ogunsemore

Experts hail CBN’s decision to stop forex sale to BDC operators

An economist, Prof. Akpan Ekpo, has commended the Central Bank of Nigeria

mm News Agency of Nigeria

JUST IN: CBN Stops Forex Sales To BDCs

The Central Bank of Nigeria (CBN) has stopped the sales of foreign

mm John Ogunsemore

‘Forex’ trader, Oluwaseun Afolabi, dragged to court over alleged N3m fraud

A 26 -year-old businesswoman, Oluwaseun Afolabi, who allegedly obtained three million naira

mm News Agency of Nigeria

CBN increases forex allocation to banks, assures liquidity for invisibles

The Central Bank of Nigeria (CBN) has concluded plans to increase the

mm News Agency of Nigeria

Unilorin student, 19, loses N300m to forex, commits suicide

A 19-year-old University of Ilorin student, Gbenga Favour Olaoye-Akanbi, has ingested poison

mm John Ogunsemore

NiDCOM Boss Commends CBN for Diaspora-Friendly Forex Policy

  The Nigerians in Diaspora Commission (NiDCOM) on Tuesday commended the Central

mm News Agency of Nigeria

Nigerians drag Comedian Ebiye for buying Benz on Credit, Refusing to Repay Loan

As is the norm of celebrities living fake life on social media,

mm News Agency of Nigeria

Forex Responsible For Hike In Petrol Price In Nigeria- Expert

Mr Ronke Onadeko, an expert in oil and gas, says high exchange

mm News Agency of Nigeria

FOREX: All Oil marketers must be treated the same way as NNPC- CSOs to CBN

A consortium of Civil Society Organisations (CSOs) has asked the Central Bank

mm News Agency of Nigeria

FOREX: Expert Urges CBN To Support Banks

A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of

mm News Agency of Nigeria

Manufacturers Blast Buhari, FG over Ban on Forex for Food Imports

Nobody should be given money for food" Buhari said during the National

Tony Abu Momoh Tony Abu Momoh

FOREX: Dollar Holds Tight Ahead Of Key U.S. Jobs Data

The dollar steadied against major currencies on Friday as traders awaited key

mm News Agency of Nigeria

CBN reveals new date for selling FOREX to BDC Operators

The Central Bank of Nigeria (CBN) says it has commenced the sales

mm Mustapha Sumaila

CBN Moves To Address Forex Non-Repatriation By Some Exporters

The Central Bank of Nigeria (CBN) has directed all banks in the

mm News Agency of Nigeria

COVID-19 Attracting More Players To Forex Trading – Expert

A fund manager, Mr Stano Emmanuel, says the COVID-19 pandemic has attracted

mm Abiodun Esan

Naira Falls Marginally At Investor’s Window

The Naira on Wednesday dipped slightly against the dollar at the investor’s

mm Fabian Ekeruche

FOREX: Naira Sinks Further To N472/$1 At Parallel Market

The Naira on Tuesday exchanged at N472 to a dollar at the

mm Fabian Ekeruche

China’s Commercial Banks Report Forex Settlement surplus in First Half Of The Year

China’s commercial banks saw a net forex settlement surplus of 553.1 billion

mm Nana Musa

FOREX: U.S Dollar Falls As Yuan Leads Charge In Risk-On Trades

The dollar fell against most currencies on Thursday as a rally in

mm Babatunde Abdulfatah

Naira Falls To N445 Per U.S Dollar In the Parallel Market Amid Forex Scarcity

The Nigerian Naira exchanged at N445 per U.S Dollar at the parallel

Tony Abu Momoh Tony Abu Momoh

Forex: CBN injects $218.41m, CNY 18m into Retail Secondary Market

The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million

mm News Agency of Nigeria

FOREX restriction: Stakeholders hail presidential direction, call for caution

Agricultural stakeholders and agribusiness experts say the presidential directive for the restriction

mm News Agency of Nigeria

Outright ban of food importation will lead to inflation – Society

The Soil Science Society of Nigeria (SSSN) says Federal Government outright banning

mm News Agency of Nigeria

CBN injects $210m into interbank Forex Market

The Nigerian Inter-bank foreign exchange market received another boost of 210 million

mm News Agency of Nigeria

Nigeria to benefit huge forex from palm oil

The National Palm Produce Association of Nigeria (NPPAN) says the country will

mm News Agency of Nigeria

Forex ban to textile importers will revive industry – OPS

The Organised Private Sector (OPS) says the Federal Government’s decision to stop

mm News Agency of Nigeria

Forex stability: CBN intervenes with fresh $279.13m, CNY 46.92m for retail SMIS

The Central Bank of Nigeria has injected fresh $279.13m and CNY 46.92m

mm News Agency of Nigeria

Nigeria receives $40.9bn forex inflow in nine months

The Central Bank of Nigeria (CBN) has revealed that it received a

mm Samuel Oduoye