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China To Raise Reserve Requirement For Forward Forex Trading To 20%

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Beijing, - China’s central bank announced on Monday that it would elevate the foreign exchange risk reserve ratio for forward...

Inflation: Experts urge CBN to unify forex market

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By SIMEON AKOJE LAGOS- The Chief Executive Officer, Center for the Promotion of Private Enterprise, Dr Muda Yusuf, has urged the CBN to unify the...

Forex: CBN urges Nigerians to shun speculative activities

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By KADIRI ABDULRAHMAN ABUJA- The Central Bank of Nigeria (CBN), has advised Nigerians not to succumb to speculative activities of some players in the foreign...

What are stock options and are they Right For You?

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BY VICTOR TERHEMBA As of May 2021, the total capitalisation of the global stock market was estimated at $95 trillion, making it one of...

Forex: ABCON asks CBN to de-risk BDCs operations to receive diaspora...

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The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body for over 5,3000 Central Bank of Nigeria (CBN)-licenced Bureaux De Change...

Naira and Dollar Exchange Rate…See Latest Update

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Naira sold N574.00 to a dollar at the black market in Abuja on Monday, according to Premium Times. However, at the official market, the naira...

Independence: Address overregulation, forex constraints to ease manufacturing – stakeholders...

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As Nigeria celebrates 61 years of nationhood, some manufacturing stakeholders have urged the Federal Government to tackle overregulation, irregularities in ports and foreign exchange...

Publish names, BVN of Forex defaulters – CBN to banks

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Abuja - The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the...