The dollar stabilised on Monday after dropping on Friday following lower-than-expected U.S. jobs data, and currency markets broadly lacked momentum as investors looked ahead to key...
The Central Bank of Nigeria (CBN) yesterday announced the increase of foreign exchange (forex) allocations to banks to meet the requests of customers, particularly travellers, seeking...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday reiterated the bank’s commitment to ensuring steady availability of foreign exchange for manufacturers....
The Association of Bureau De Change Operators has said it will commence what it called ‘Operation No Street Trading’ to stop the hawking of foreign exchange...
The foreign exchange (FX) Spot, Forwards and Futures markets on the FMDQ Securities Exchange recorded a total turnover of $1,250.97 million for the week ended May...
The Association of Bureaux De Change Operators of Nigeria has advised foreign exchange users and the general public to patronise only BDC operators licensed by the...
The Nigerian Naira improved slightly against the United States Dollar to N410 on Thursday, according to the latest update on the website of the Central Bank...
Zambia’s central bank increased the amount of foreign exchange that people can buy or sell daily in an effort to draw business away from the parallel...
The Nigerian Naira plunged to N493 against the United States Dollar on Wednesday at the parallel market, popularly known as the black market, following the Central...
The Nigerian Naira depreciated further against the United States Dollar on Wednesday following the Central Bank of Nigeria’s decision to devalue the local currency. The local...