Currencies
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Why Naira is gaining against US dollar at the black market
Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing…
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Naira falls at official window despite slight improvement in FX liquidity
Friday, 12th November 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1, at the Investors and…
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Naira gets stronger as traders record $9.5 billion turnover at official forex window since September
The Investor and Exporter Window of the FMDQOTC where forex is sold officially has recorded a cumulative forex turnover of…
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Gold’s appeal surge on boiling U.S inflation
Yellow metal prices fell in London on Friday but were set to rise for the biggest weekly gain in six…
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A new trader’s forum launched
Connect with an experience FX, commodities and CFD traders and hire a trading assistant with over 10 years of experience.…
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Naira beneficial properties at official and parallel markets as liquidity surges considerably by 232%
Wednesday, tenth November 2021: The alternate price between the naira and the US greenback closed at N414.73/$1, on the Traders and…
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eNaira accomplished N46.3 million value of transactions in lower than 2 weeks – CBN
The eNaira, Africa’s first digital foreign money, efficiently accomplished N46.3 million value of transactions in lower than two weeks of…
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CBN says circulation of pretend forex dropped by 20.8% in 2020
The Central Financial institution of Nigeria (CBN) has stated that the amount of counterfeit forex in circulation dropped from 84,934…
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Naira appreciates at official market as exterior reserve makes a rebound
Friday,fifth November 2021: The trade charge between the Naira and the US greenback closed at N414.30/$1, on the official Buyers and…
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Gold begins the week bullish as greenback index weakens
The yellow steel began the week bullish within the Asian buying and selling session, hitting a two-month excessive. A significant…
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CBN disposed N698,480.00 million value of unfit banknotes in 2020
The Central Financial institution of Nigeria has said that it disposed of N698,480.00 million value of unfit banknotes in 2020.…
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