Nigeria’s FX reserves up 10% in November- CBN
Businessam Staff
December 30, 2017
Nigeria’s foreign exchange reserves stood at $37.92 billion as of Dec. 22, up 10.1 percent from a month earlier, central bank data
Nigeria’s currency futures market volumes drop on rate convergence
Businessam StaffJune 26, 2017
The recent improvements in foreign currency liquidity at the Nigerian foreign exchange market have ironically affected volumes at the
Nigerian stocks risk downgrade on naira value as MSCI reclassifies markets
Niyi JacobsJune 20, 2017
The value of Nigeria’s local currency, the naira, could be a strong factor in Morgan Stanley Capital International’s (MSCI’s) index
Forex liquidity eases trade financing pressures on Nigerian banks
Businessam StaffJune 7, 2017
The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly referred to as the “Investors’ and
Morgan Stanley raises Nigeria’s weighting in Frontier Market Index, with standalone decision pending
Businessam StaffJune 6, 2017
Nigeria’s weighting on the Morgan Stanley Capital International’s (MSCI) Frontier Market Index rose to 7.9% from 6.5%, following the
Nigeria’s equity market hits 4% in 23-month high
Businessam StaffJune 5, 2017
Nigerian stocks hit a 23-month high on Monday, extending last week’s rally and helped by gains in cement, fuel retailing and
Angola allows tax payments in foreign currency to cope with FX shortages
Businessam StaffMay 26, 2017
Tax payments in Angola can now be paid in foreign currency under the amended general tax law approved by lawmakers in a move to cope