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FOREX market

23 Feb
Minister of Information and National Orientation, Mohammed Idris on Friday revealed that $1.8 billion flowed into the forex market after the new reforms by the Nigerian government. Idris said this in a statement, highlighting that President Bola Ahmed Tinubu’s second most far-reaching pronouncement was his promise that the Central Bank of Nigeria (CBN) would work…
20 Feb
In a major move to safeguard Nigeria's Foreign exchange market and curb rising inflation, the Office of the National Security Adviser (ONSA) has aligned with the CBN to crush dollar speculators in the country.
25 Oct
The Chairman of brokerage firm, Parthian Partners Limited, owners of digital investment platform, i-invest, Dotun Sulaiman, has expressed optimism about the potential impact of the Central Bank of Nigeria ...
18 Oct
The world of foreign exchange (Forex) trading has undergone a remarkable transformation in recent years, largely driven by the proliferation of mobile trading applications.
17 Oct
Before the recent policy decision by the present administration to create a single foreign exchange rate window in Nigeria, the forex market in the country could best be described as Chaotic.

Latest

21 mins ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
39 mins ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
1 hour ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
1 hour ago
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2 hours ago
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2 hours ago
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3 hours ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…
3 hours ago
The Lagos State Traffic Management Authority, (LASTMA), says the authority will deploy men and materials during the Easter celebration to manage traffic incidences in the state.
3 hours ago
A Federal High Court, Lagos has ordered the Inspector General of Police (IGP) and seven others to maintain status quo, suspend, and hold all actions pending the hearing and determination of the suits filed against them by a property developer, Gbadebo Aina Odunusi.
3 hours ago
Feeling like a Nigerian music genius? Ready to prove your Afrobeats expertise? Mdundo got a game for you! We're launching a weekly Nigerian Music Trivia on our WhatsApp channel, and the top contenders can win awesome prizes.