Customs Denies Manipulating FX Rates, Cites CBN Authority
The Nigeria Customs Service has firmly denied claims that it manipulates foreign exchange rates for import and export valuation. The ...
Tag: Forex
CBN Offers $876m To Fx Markets, Pledges More Liquidity Support
The Central Bank of Nigeria (CBN), has offered 876 million dollars to the foreign exchange (fx) markets to fulfil bids ...
Naira appreciates by 0.6% against dollar at official market
The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading ...
Forex: ONSA, CBN Join Forces To Crackdown On Speculators
In a concerted effort to safeguard Nigeria’s foreign exchange market and combat speculative activities, the Office of ...
Naira Ends Week Losing Against Dollar By 0.93 Per Cent
The Naira on Friday ended the week losing against the dollar, exchanging at N775.76, at the Investors and Exporters window. ...
CBN Releases Additional FX Reforms, Relaxes Restriction On Domiciliary Accounts
Following the Central Bank of Nigeria (CBN) new guidelines in the Foreign Exchange (FX) market recently released, the apex bank ...
Day After Inauguration, Stock Market Hits N1.51trn Gain
The equities market of the Nigerian Exchange Ltd. (NGX) opened trading for the week on a bullish note driven by ...
Naira Rebounds As New Currency Notes Introduction Draws Closer
The Association of Bureaux Des Change Operators of Nigeria (ABCON) says Naira has continued to firm against the Dollar at ...
Investors Gain N9bn On NGX
The Nigerian Exchange Ltd. (NGX) on Wednesday recorded N9 billion gain due to price appreciate in Dangote Cement and some ...
2023: Redesign Of Naira Notes ‘ll Curb Money Politics: YPP
The Young Progressives Party (YPP) has lauded the planned redesign of naira notes by the Central Bank of Nigeria (CBN) ...
NGX: Equities Market Loses N66bn
The equities market of the Nigerian Exchange Ltd. (NGX) depreciated by N66 billion on Wednesday, driven by gains recorded by ...
Naira Closes at 417.50/dollar At Investors And Exporters Window
The Naira exchanged at 417. 50 to the dollar at the Investors and Exporters window on Thursday, representing a 0.20 ...
Man, 46, Faces N2.8m Forex Fraud Charge
Top news A 46-year-old man, Kunle Ogunyemi, who allegedly defrauded two people of N2.8 million on the pretext of investing ...
