FX Stability, Capital Inflows Drive N26trn Gain In Stock Market
Analysts on the Nigerian capital market have attributed the equities performance of N26.01 trillion gain in eight months to various ...
Tag: Forex Market
How To Calculate Pips In Forex And Other Important Tips For Traders
Thinking of trading currencies? Before you dive in, it’s important to understand a few key concepts, starting with one of ...
We’ve Crushed Corruption In Forex Market, Says Tinubu
President Bola Tinubu, on Monday, declared that his administration has dismantled corruption in Nigeria’s foreign exchange market, insisting that reforms ...
JUST-IN: CBN Launches FX Code To Promote Market Integrity
The Central Bank of Nigeria (CBN) has launched the Nigeria Foreign Exchange Code (FX Code) with a vision for a ...
Digital Currency Evolution Transforming Nigerian Forex Market Dynamics
In recent years, the advent of digital currency has begun to redefine the financial landscape across the globe. This transformation ...
Forex Market Grows 226% In 6 Months – CBN
Nigerian Autonomous Foreign Exchange Market’s daily turnover surged by 226 per cent in the first half of 2024 compared to ...
Senate Rejects Bill To Establish Forex Market In Nigeria
The Senate on Thursday rejected a proposed bill that aimed to establish a foreign exchange market in Nigeria. The bill, ...
CBN Begins Forex Sales To BDCs, Fixes 1.5% Selling Band
The Central Bank of Nigeria has issued a circular addressed to Bureau De Change operators (BDCs), revealing that each BDC ...
$1.8bn Flows Into Forex Market After Reforms – Federal Govt
The federal government has said that $1.8 billion flowed into the forex market last week on the back of its ...
EFCC Clamps Down On Kano Forex Market Operators
An operation by security operatives led by the Economic and Financial Crimes Commission (EFCC), in Kano has raided the popular ...
