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Foreign exchange

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
2 Dec 2019
Commentary on the Foreign Exchange (FX) market with data for the week-ended November 29, 2019. (Invisibles) segments.
25 Nov 2019
Commentary on the Foreign Exchange (FX) market with data for the week ended November 22, 2019. November 15, 2019, selling ¥14.70 million and $341.75 million at both sessions respectively
4 Nov 2019
Commentary on the Foreign Exchange (FX) market with data for the week-ended November 1, 2019. clients for the weeks-ended October 4, 11, 18 & 25, 2019 as well as January - October 2019.
4 Oct 2019
Vice President Yemi Osinbajo yesterday underscored the need for a vibrant commodities ecosystem to aid diversification from oil to non-oil sectors and boost the nation’s revenues and foreign exchange (Forex) earnings.
2 Sep 2019
Commentary on the Foreign Exchange (FX) market with data for the week ended August 30, 2019. ▪ The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) dollars in the FX market, offering a total of $100.00 million to the Secondary Market Intervention Sales (SMIS) Wholesale window on August 27,…
22 Jul 2019
Commentary on the Foreign Exchange (FX) market with data for the week-ended July 19, 2019.
20 May 2019
Commentary on the Foreign Exchange (FX) market with data for the week-ended May 17, 2019. ▪ The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) dollars in the FX market, offering a total of $100.00 million to the Secondary Market Intervention Sales (SMIS) Wholesale window on May 14, 2019.…
6 Mar 2019
Central Bank of Nigeria (CBN) Governor Godwin Emefiele yesterday described as wicked his alleged removal from office. He insisted that he had not received any memo from the presidency directing him to leave.

Latest

53 mins ago
A high-level meeting of the 36 state governors with President Muhammadu Buhari on Wednesday, primed to draw out some far-reaching and drastic measures to tackle the economic hardship that has afflicted Nigerians under this administration, turned out to be an anti-climax.
1 hour ago
Chairman, Board of Trustees (BoT) of the Peoples Democratic Party (PDP), Senator Walid Jibrin, yesterday, called on members of the party to remain calm and refrain from creating bad blood and confusion over the crisis rocking PDP.
1 hour ago
When Oluwatobiloba Ayomide Amusan draped the country’s flag and mounted the podium for the national anthem after she broke the world record in women’s 100 metres hurdles on her way to winning the gold medal at the recently held World Athletics Championships in Oregon...
1 hour ago
Amidst energy crises currently ravaging almost the entire fabric of the economy, there appears to be some form of relief for telecoms operators expanding to rural areas.
1 hour ago
With the adoption of the Fifth-Generation (5G) network set to outpace all previous generations of mobile technology, it is expected to have $7 trillion worth of economic value by 2030.