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Nigeria’s net forex inflow increases by 67% to $27.6bn
Posted inBanking NEWS

Nigeria’s net forex inflow increases by 67% to $27.6bn

Posted by By Akachukwu Chukwuma 12/10/2024
The Nigeria forex inflow increased by 67.8% to $27.6B, compared to $16.44B during the same…
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Nigeria Forex Inflow Declined By $72 Billion.
Posted inEconomy

Nigeria Forex Inflow Declined By $72 Billion.

Posted by By Ekenedilichukwu 18/05/2023
According to data obtained from the CBN’s economic report for the fourth quarter (Q4) of…
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South African Currency, Rand Falls to New Low Against the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia
Posted inNEWS

South African Currency, Rand Falls to New Low Against the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia

Posted by By Ekenedilichukwu 14/05/2023
The forex exchange rate of the South African currency Rand,  against the dollar fell to…
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Naira Falls Against All Forex Markets For The First Time.
Posted inEconomy NEWS Trading

Naira Falls Against All Forex Markets For The First Time.

Posted by By Ekenedilichukwu 15/10/2022
The Nigeria currency naira depreciated across all foreign currencies in the forex market, the worst…
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Peter Obi Promises To Remove Import Forex Restrictions And End Double Forex Market Rate.
Posted inEconomy Fintech NEWS

Peter Obi Promises To Remove Import Forex Restrictions And End Double Forex Market Rate.

Posted by By Ekenedilichukwu 09/10/2022
The leading presidential candidate in Nigeria's forthcoming 2023 presidential election, Labour Party's Peter Obi has…
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Kenya’s Central Bank Says Forex Reserves Are Adequate, In Response To VP’s Claim of Inadequacy.
Posted inEconomy Fintech NEWS

Kenya’s Central Bank Says Forex Reserves Are Adequate, In Response To VP’s Claim of Inadequacy.

Posted by By Tony Chimdiuto 04/10/2022
The central bank of Kenya has refuted remarks made by the country’s deputy president Rigathi…
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Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.
Posted inEconomy Fintech NEWS

Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.

Posted by By Ekenedilichukwu 03/10/2022
Nigerian currency recently lost further ground against the US dollar after the naira’s parallel market…
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Naira Drops To 581 To A Dollar At P2P Market.
Posted inNEWS

Naira Drops To 581 To A Dollar At P2P Market.

Posted by By Ekenedilichukwu 11/03/2022
Naira loses at the Peer-to-Peer (P2P) market on Friday to trade at N581.2/$1, representing a…
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Crypto and Forex Investment Company; Headway Trade Patterns Run With Investors Billions in Lagos.
Posted inNEWS

Crypto and Forex Investment Company; Headway Trade Patterns Run With Investors Billions in Lagos.

Posted by By Ekenedilichukwu 29/09/2021
A forex and cryptocurrency trading company, registered as Headway Trade Patterns Nig. Ltd., has made…
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Who Will Help Naira ? Falls Further To 570 Against Dollar.
Posted inNEWS

Who Will Help Naira ? Falls Further To 570 Against Dollar.

Posted by By Ekenedilichukwu 16/09/2021
Naira depreciated further against the U.S. dollar at the forex and crypto unofficial market on Wednesday. However, the…
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Naira Depreciates N550 To a Dollar.
Posted inNEWS

Naira Depreciates N550 To a Dollar.

Posted by By Ekenedilichukwu 11/09/2021
The Naira was at a record low against the dollar this week, depreciating to nearly…
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CBN intervenes at the Retail Market with 280.04m US Dollars And 28.3m CNY
Posted inBitcoin

CBN intervenes at the Retail Market with 280.04m US Dollars And 28.3m CNY

Posted by By Tony Chimdiuto 13/08/2019
The Retail Secondary Market Intervention Sales (SMIS) received a boost of 280.04 million dollars and…
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