Tag:
Forex
Business
Naira Strengthens by N0.95 at Official FX Window, External Reserves Rise
For the first time in over a week, the Naira recorded a slight gain against the United States dollar at the official foreign exchange...
Business
Naira Falls for Third Straight Day Despite Rising Foreign Reserves
The Nigerian Naira has recorded its third consecutive depreciation against the United States dollar at the official foreign exchange market, sparking renewed concerns over...
News
FG to Train 100,000 Youths Yearly in Forex Trading
In a major move to tackle youth unemployment and promote digital financial skills, the Federal Government has signed a Memorandum of Understanding (MoU) with...
News
Nigerians, Forex Agent Nabbed in India Drug Bust
Indian police have arrested two Nigerian nationals and a local foreign exchange agent in connection with a wide-reaching international drug trafficking and money laundering...
News
Naira Appreciates in Parallel Market but Depreciates in Official Forex Market
The Naira has shown a slight improvement in the parallel market but experienced a slight depreciation in the official foreign exchange market (NFEM), according...
News
Naira Strengthens to N1,493 as Central Bank’s Forex Code Gains Traction
The Central Bank of Nigeria’s (CBN) newly launched Foreign Exchange (Forex) Code has sparked a remarkable turn for the Naira, seeing it appreciate against...
Business
CBN To Clear $7 Billion Forex Backlog, Sanction Defiant Banks
The Central Bank of Nigeria (CBN) has officially confirmed that the long-awaited payments for the country's foreign exchange (forex) backlog will soon begin. This...
Business
CBN Clears $7 Billion Forex Backlog, To Sanction Violators
The Central Bank of Nigeria (CBN) has officially confirmed that the long-awaited payments for the country's foreign exchange (forex) backlog will soon begin. This...