Experts advise Nigerians to tap into trillion-dollar forex market
Experts advise Nigerians to tap into trillion-dollar forex market…
Nigeria’s fixed income and forex market review
Nigeria's May inflation figures grew by 11.40 per cent year-on-year from 11.37 per cent in April. Chioma Udu, Forex Dealer at GT Bank joins me to discuss this and other stories impacting…
Nigeria’s rising food prices push inflation higher in April
Nigeria's National Bureau of Statistics says consumer inflation increased by 11.37 per cent in April, which is higher when compared to the 11.25 per cent rise in March. Bankole Odusanya, Head of…
Traders await results of CBN’s N100bn bond auction
As traders await results of on Tuesday’s bond auction, Olawale Hamed a currency Trader at UBA joins CNBC Africa for a review of trade at Nigeria’s fixed income and forex market so…
How will Nigeria’s forex policy affect investment?
The Central Bank of Nigeria has pledged to defend its current foreign exchange policy and the apex bank pumped a fresh 240 million dollars in the forex market on Monday.…
Nigeria defends FX policy
Following criticism for pegging the naira at an artificially strong rate to the dollar despite heavy inflationary pressure, the Central Bank of Nigeria has called those opposing the current foreign exchange framework,…
Nigeria to auction N117.2bn in short-dated Treasury bills
Nigeria plans to sell 117.2 billion naira worth of short-dated treasury bills at an auction this Wednesday.…
Naira woes continue in forex market
The naira appreciated against the dollar in the parallel market over the weekend and begun the first day of the fourth quarter slightly higher at 476 to the greenback.…
Forex reform draws $270m foreign investment in Nigeria
The FMDQ OTC Securities Exchange has confirmed the inflow of $270 million into Nigeria by foreign investors seeking to invest in Nigeria's local currency bonds.…
Nigeria central bank re-admits UBA into forex market
The Central Bank of Nigeria has re-admitted United Bank of Africa to the foreign exchange interbank market, as the bank has remitted all outstanding deposits to the Treasury Single Account.…
Doing business in Nigeria under a new FX regime
Nigeria's forex market reopened today with new rules guiding a new single market structure.…