Chairman of the Senate on Capital Market and Institutions, Senator Osita Izunnaso, says the new recapitalization initiative for banks by the Central Bank of Nigeria...
The Association of Bureau De Change Operators of Nigeria (ABCON) has said that the recall of Bureau De Change operators (BDCs) into the mainstream forex market...
Financial Derivatives Company, a firm owned by financial expert, Bismarck Rewane, says it will take time for foreign exchange rate gains to translate to...
The daily forex turnover soared to $857 million on Thursday, March 28th, marking the highest level since the Central Bank implemented its new forex...
The exchange rate between the Naira and the Dollar closed at N1,300/$1 on Wednesday on the official NAFEM window, marking the strongest performance in...
Bureau De Change (BDC) operators have debunked reports that the dollar is now selling at N1,000 at the parallel market. Reports making the rounds...
Despite the hawkish tightening stance of the Monetary Policy Committee (MPC), Nigeria’s broad money supply (M3) has surged to a new historic high...
Ahead of the Easter celebration cross the country, some Christian faithful in Osun State have expressed concern over the harsh economic realities that might distort plans...
For the ninth consecutive day, the Nigerian currency, the Naira continues to post strong performances against the US dollar at the official window to trade at...
The naira, on Monday, appreciated further at the parallel section of the foreign exchange (FX) market. Currency traders in Lagos, also known as bureau de change...
