The link between news trends and the global market has been known for a long time. In the last couple of decades, we’ve been seeing more...
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to stop using foreign exchange revaluation gains for dividends and operational expenses. The apex...
People who want to start investing typically choose to trade in markets like stocks, forex, and cryptocurrencies. While there’s nothing wrong with these options, traders should...
Nigeria’s external reserves plummeted to $915 million due to the CBN’s formal flotation of the naira and liberalization of the foreign exchange market. Data obtained from...
The Central Bank of Nigeria (CBN) has implemented a foreign exchange pricing verification mechanism to provide importers access to foreign currency. “The apex bank’s Trade and...
When it comes to foreign exchange trading, Exness is a major player. They launched in 2008 and by July of 2021, they had over 209,000 active...
Renowned Nigerian economist, Bismarck Rewane, says Vice President Yemi Osinbajo was “absolutely correct” on his comments that Nigeria has an artificially low foreign exchange rate. According...
Vice President, Yemi Osinbajo has called for an improvement in forex policies of the Central Bank of Nigeria (CBN). Contrary to false reports that the VP...
The Economic and Financial Crimes Commission, EFCC has declared Adewale Daniel Jayeoba, wanted. The anti-graft agency alleged that the 24-year-old man is wanted for defrauding victims...
The Commander of the Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC, ACE-1 Nwanneka Nwokike has warned bank officials against providing foreign exchange...
