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FXTM

7 Apr 2020
Analysts in Nigeria’s financial sector have expressed optimism that the Central Bank of Nigeria’s (CBN) adjustment of the Foreign Exchange (FX) rate to N380 to $1, could rekindle the interest of foreign portfolio investors in the country’s financial instrument.
26 Nov 2019
Nigeria’s foreign exchange reserves fell below $40 billion for the first time in 23 months, as the country’s crude oil earnings remain under pressure in the international market, while the apex bank sustains its currency defence efforts.
23 Sep 2019
At the end of the bi-monthly Monetary Policy Committee (MPC) meetings for September, the Central Bank of Nigeria (CBN) retained all policy rates, as dictated by the eleven-member policymakers in attendance.
27 Mar 2019
The Central Bank of Nigeria (CBN) yesterday took local and international investors by surprise, cutting the 32-month-old Monetary Policy Rate (MPR) by 0.5 per cent to 13.5 per cent...
25 Mar 2019
With Nigeria facing three-fold uncertainties that may arise from oil price, Britain’s exit of European Union (Brexit) and the United States-China trade war...
13 Feb 2019
The report of the National Bureau of Statistics (NBS) yesterday that the economy recorded 2.4 per cent growth in the fourth quarter of 2018 drew criticism from economic experts.
19 Sep 2018
The 18-month consecutive fall in inflation rate, had in the last two months, lost momentum in making more significant decline, as food prices...
25 Jul 2018
Foe the 12th consecutive time in two years, the Central Bank of Nigeria (CBN) has retained all the monetary policy rates for the country.
24 Jan 2018
Leading foreign exchange broker, FXTM, said it is on a mission to provide traders across the country with access to its world-class training seminars and workshops.
23 Oct 2017
The world’s monetary landscape is shifting, and one of the biggest factors is the dramatic rise in the value of cryptocurrencies so far in 2017.
9 Jul 2017
Since February this year, the country’s economy, although still held hostage by low economic activities- recession, has been clawing back some gains owing to aggressive policy reversals. First is the easing inflation, which persistently lost strength up to April, while the May data is around the corner.
27 Feb 2017
Sixteen banks shared in the $230 million foreign exchange (forex) mart by the Central Bank of Nigeria through the forward contract agreement.

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