FX challenges beyond monetary policy interventions -Emefiele
Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Thursday explained that monetary policy interventions alone cannot totally address the
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FOREX MARKETS
China evergande saga rolls on, oil near multi-year highs
By Lukman Otunuga, Senior Research Analyst at FXTM It has certainly been another eventful week for financial markets with investors
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Risk-on mood returns ahead of NFP
By Lukman Otunuga, Senior Research Analyst at FXTM Risk appetite flickered to life on Thursday as progress on debt ceiling
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CBN Forex Directives: Banks warn customers against violation
Nigerian banks have warned that customers who do not comply with the new foreign exchange policy may face criminal prosecution
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Bankers’ committee to digitise FX sales, says National theatre Rehabilitation on course
Mr Segun Agbaje, Group Managing Director of Guarantee Trust Bank, has said foreign exchange for Personal Travel Allowance (PTA)
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Naira falls significantly, trades at N522/$
Nigeria’s naira recorded a sharp loss in value to the dollar on Wednesday, a day after the Central Bank of
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CBN ends forex sales to Bureau De Change operators
The Central Bank of Nigeria (CBN)has stopped the sales of freign exchange (forex) to the Bureau De Change operators in
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CBN increases forex allocation to banks, assures liquidity for invisibles
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to
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Naira trades at new low of N700 to one British pound, dollar N500 at black market
The Nigerian currency, Naira on Tuesday fell to new lows against the British pound, Euro and U.S dollar in
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ABCON warns against black market forex dealings
The Association of Bureaux De Change Operators of Nigeria (ABCON) has declared war on foreign exchange (forex) speculators and black-market
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