forex
Forex scarcity, repatriation uncertainties depress investments in Q1 — Analysts
By Nkiruka Nnorom ECONOMY Investment analysts have blamed foreign exchange (forex) scarcity and concerns around the possibility of ease of repatriating funds out of the country as cause of the dwindling
FOREX scarcity stifling volume of importation
Port operators, especially importers and licensed agents, have expressed worry that the scarcity of foreign exchange (FOREX) is stifling the volume of cargoes entering the country. The post FOREX scarcity
FOREX: Turnover in I&E window falls 82% to $3.7bn
External reserves shed $554m in Q1’21 By Babajide Komolafe & Elizabeth Adegbesan The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange (FOREX)
47 IMTOs get approval to operate in Nigeria
The Central Bank of Nigeria (CBN) has approved 47 companies to operate as international money transfer operators (IMTOs), an effort interpreted as a move towards breaking the historical dominance The
Firm reassures investors of getting back funds
MBA Capital and Trading Investment Limited, a forex training and capital investment company, has reiterated its commitment to pay back investors’ capital funds The post Firm reassures investors of getting
Forex: Turnover in I&E rises 43% to $1.3bn in February
As naira depreciates by N16.25 kobo External reserves shed $1.28bn By Babajide Komolafe & Elizabeth Adegbesan The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window
BDCs battle black market dealers over forex malpractices
MONEY MARKET By Peter Egwuatu The Bureaux De Change (BDC) operators licensed by the Central Bank of Nigeria (CBN) have declared operational war against foreign exchange (forex) speculators and
Forex: Turnover in I&E rises 43% to $1.3bn in February
•As naira depreciates by N16.25 kobo •External reserves shed $1.28bn The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange market rose
Stock-fish dealers seek access to Forex
Oyingbo Market Stock Fish The Stock-fish Dealers Association on Thursday urged the Federal Government to grant importers of Stock-fish, access to the Foreign Exchange (FOREX). The group made the call
