Sunday, 3rd July 2022
Breaking News:

Foreign exchange

30 Jun 2021
For Nigeria to surmount its liquidity challenges, generate foreign exchange (forex) and remain competitive, there is need to target heavy inflow of foreign direct investment (FDI)
7 Jun 2021
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers.
31 May 2021
The foreign exchange crisis in the country may worsen soon, as anti-market schemes, speculation and hoarding, have taken firmer hold in the market, The Guardian has learnt.
19 Apr 2021
It is the norm to hear talks around the need for convergence in Nigeria’s foreign exchange (FX) markets. This implies that there is mispricing. Historically, this mispricing has always been
16 Apr 2021
The foreign exchange (FX) liquidity crisis is eating deeper into the daily operations of the local airlines, causing airlines’ capacity to dwindle and hitting up airfares...
7 Mar 2021
The Central Bank of Nigeria (CBN), at the weekend, took a seemingly desperate option against the stubborn foreign exchange crisis; unveiling a new promotional campaign
8 Feb 2021
No other economy has a ‘brighter opportunity’ for arbitrageurs like ours. And in no other market has arbitrage taken a firmer root than in foreign exchange. The differential between the investors’ and exporters’
29 Oct 2020
Capital market operators have expressed worry that the prolonged coronavirus pandemic and attendant Foreign Exchange (Forex) illiquidity may cause investors to lose their dividends this year.
12 Oct 2020
President of the Nigerian-Belgium Chamber of Commerce (NBCC), Timi Austen-Peters, has said that the potential in the agriculture sector can bail the country out of the perennial foreign exchange (FOREX) crisis if the value chains are developed to enhance its export value. Austen-Peters stated this at a webinar hosted by the chamber and Agricultural Fresh…
18 Sep 2020
Opportunities presented by Cryptocurrency can help Nigeria deal with the weakness of Naira against dollar and other major currencies, Co-founder of Paxful, Artur Schaback has said.
13 Jan 2020
Commentary on the Foreign Exchange (FX) market with data for the week-ended January 10, 2020. The tables following the commentary show Spot FX weekly
23 Dec 2019
Commentary on the Foreign Exchange (FX) market with data for the week ended December 20, 2019. (Invisibles) segments


Sierra Leone's government has approved a draft law that would decriminalise abortion in a country with one of the world's highest maternal mortality rates.
27 mins ago
Former President Olusegun Obasanjo on Saturday engaged in commercial tricycle business as he rode and picked a male passenger around the Kuto area of Abeokuta.
33 mins ago
President Muhammadu Buhari on Saturday evening returned to Abuja after a five-day State Visit to Lisbon, Portugal, where Nigeria and the European nation signed Memorandum of Understanding in diverse sectors.
1 hour ago
At least 19 people died and 14 were injured when a bus plunged into a ravine near a small town in Pakistan's west, an official said on Sunday.
1 hour ago
The Police in Ondo State said it has rescued no fewer than 77 people from the case of suspected abduction from The Whole Bible Deliverance Church in Ondo Town, Ondo West Local Government Area of the state.