Nigeria’s apex bank maintains market liquidity with $195m
The Central Bank of Nigeria (CBN) Monday continued to maintain liquidity in the Foreign Exchange (FOREX) market by injecting 195
China’s FX regulator denies U.S. dollar withdrawal limits
China’s foreign exchange regulator has not modified rules on withdrawals of foreign exchange by individuals, the regulator said on
Nigeria naira outlook positive this week on 5.1% rise in FX reserve levels, CBN interventions
The Nigerian naira is projected to trade positive this week on growing reserves and central bank continued intervention, according to
Nigeria likely out of recession in Q2 but needs business confidence via single FX policy for growth sustainability – Poll
Nigeria and South Africa, Africa’s two biggest economies, have been projected to likely emerge from recession in the second quarter of
Bureaus De Change automation, an imperative for customer verification
Bureaus De Change (BDCs), as critical stakeholders in the Foreign Exchange (FOREX) Market, are known for the sale of small volumes of
New forex move cost Nigeria bourse chance to go ahead Egypt in market capitalisation
Nigeria missed its best chance in 13 months on Tuesday to overtake Egypt in stock-market capitalization as an expansion of the new
IMF expresses concerns over delays in Nigeria policy execution, says risk to economic recovery elevated
The International Monetary Fund (IMF) has expressed concerns over delay in policy execution in Nigeria, saying near-term
Awka Chambers seeks access to forex for raw materials inputs
The Awka Chambers of Commerce and Industry, Mines and Agriculture (AwkaCCIMA) has decried the lack of access to foreign raw material
Dollar weakness, China cheer lift Asia stocks, commodities
The dollar huddled near multi-month lows on Wednesday as investors wagered any further tightening in the United States would be slow
Nigeria banks raise dollar-spending limits on improving forex liquidity
In an apparent show of a return to foreign exchange liquidity, most Nigerian lenders have increased spending limits on their payment