Tag: Forex

By Yakubu Musa Nothing, perhaps, illustrates the tragedy of the current world's most enduring struggle, the Israeli–Palestinian conflict, than last Friday’s UN resolution for a ceasefire. Curiously, the United States of America voted against it while her...
By Sanusi Abdullahi Kiru In the ever-evolving landscape of Nigeria's telecommunications industry, there are individuals who leave an indelible mark, reshaping the sector for the betterment of the nation. Among these luminaries, Prof. Umar Garba Danbatta stands...

Naira slightly appreciates after hitting all-time low

By Salim Yunusa   Naira clinched a meager gain against the U.S. dollar at both the official and unofficial market windows of the forex market on...

Banks comply with CBN directive, sell Dollar at N412

By Salim Yunusa In compliance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks in Abuja have set...

CBN stop sales of forex to BDC, retains lending rate

By Salim Yunusa   The Central Bank of Nigeria says it has ended the sales of forex to Bureau De Change operators, saying the parallel market...

Naira gains across forex markets as banks start payment of remittances in dollars

By Abba Gwale Forex turnover dropped by 22.9%, as the Naira’s exchange rate at the NAFEX window appreciated marginally against the dollar to close at...

Recent articles

spot_img