Forex

How Bestman Anekwe‘s NIPCO allegedly bribed Godwin Emefiele millions of dollars over illegal deals

NIPCO PLC, an oil and gas company led by billionaire, Chief Bestman Anekwe is currently entangled in a multi-million-dollar bribery…

2 years ago

Nigeria central bank to intervene in forex market, lifts forex ban on 43 items

The Central Bank of Nigeria  said on Thursday it plans to intervene in the country's foreign exchange market occasionally to…

3 years ago

Dangote Sugar suffers N1.3 billion forex loss – Report

Dangote Sugar Refinery Plc, Nigeria’s biggest sweetener producer, said actual foreign exchange losses in 2022 were higher than those reported…

3 years ago

Naira stable at $/N436.50 in I&E forex window

The Naira remained constant on Thursday, exchanging at N436.50 to the dollar at the Investors and Exporters Window. It remained…

4 years ago

Naira weakens further by 0.42% to $/N430.67 at I&E forex window

The Nigerian Naira depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67 on Tuesday. The figure…

4 years ago

Naira weakens against dollar by 1% at I&E forex window

Naira depreciated against the dollar at the Investors and Exporters Window on Tuesday, exchanging at N430. The figure represented a…

4 years ago

Naira weakens further, exchanges $/422.50 to at I&E forex market

The Naira on Thursday, depreciated at the Investors and Exporters (I&E) window, exchanging at N422.50 to the dollar, a 0.54…

4 years ago

Emefiele tasks rice millers on forex, employment

Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN) has urged rice mills in the country to…

4 years ago

Things you need to engage in forex trading

No country can produce all it needs. It would have to import one thing or the other because it cannot…

4 years ago

Nigeria’s external reserve grows by $5.15 billion in 2021

Nigeria’s externals reserve rose by $5.15 billion in 2021 to close at $40.52 billion as of 31st December 2021, representing…

4 years ago

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