The President of the Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadebe, has called on the Central Bank of Nigeria (CBN) to utilize the...
Nigeria’s central bank said it had cleared the foreign-exchange backlogs of 14 banks and begun settlements with international airlines. In a statement Wednesday it said that...
Zimbabwe’s embattled currency has taken a hit, plunging by over 40% on the black market as the demand for foreign exchange continues to outpace the available...
Order blocks are favored tools traders use in the foreign exchange (forex) market. They refer to significant price levels that act as support and resistance areas...
Nigeria recorded a N1.36 trillion surge in revenue within six months following the unification of the Nigerian Naira. The increase was documented in the Federation Account...
In a compelling economic outlook session organized by Parthian Partners in Lagos, renowned economist Bismarck Rewane painted an optimistic picture for Nigeria, foreseeing a strengthened Naira...
Making the right broker choice in the changing arena of financial markets is essential. One of the options can be RCG Markets which has its advantages...
The Central Bank of Nigeria’s directive to remove the rate cap on the naira at the official Investors and Exporters’ Window has triggered a significant decline...
Amidst economic challenges, Nigeria’s official foreign exchange market, the Nigerian Autonomous Foreign Exchange Market (NAFEM), grappled with a significant 14.96% dip in turnover from N4.15tn to...
The Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), Mr. Sam Onukwue, has expressed concern over the impact of foreign exchange (forex) speculators...