Tag: Forex

China's forex reserves rose for the third month in a row in April, signaling eased capital flight pressure, central bank ...

The World Bank has blamed Nigeria’s enduring foreign exchange instability on the fixed exchange regime in the official forex market. ...

Nigeria’s currency is expected to strengthen further from the current rate of between N376 and N380 to the dollar at ...

The dollar crept higher on Wednesday, a day after dropping to a three-week low against a basket of major currencies ...

Central Bank of Nigeria on Tuesday continued its intervention in the foreign exchange segment of the financial market with the ...

The Central Bank of Nigeria intervention of $2bn in liquidity into the forex market, have forced Deposit Money Banks into ...

Chairman, Senate Committee on Customs and Excise Duties, Hope Uzodinma, has said that its Committee has discovered high level manipulation ...

Overnight lending rate in the Nigerian money market has risen by 2.5 percent after the Central Bank debited banks for ...

Nigerian banks have denied withholding foreign exchange from customers and challenged anyone with a proof to approach the regulatory authority. ...

The Central Bank of Nigeria has again stressed its determination to sustain the supply of dollars to the forex market ...