Tag: forex
CBN tightens forex oversight, hits banks with N100m fine
CBN tightens forex oversight, hits banks with N100m
Naira slides to N1,383/$ as external reserves dip further
The pressure on the naira reflects broader challenges in Nigeria’s FX market, including declining external reserves.
Forex pressure mounts as Nigeria’s reserves slide in April
Nigeria’s foreign reserves dropped by about $731 million in the first three weeks of April 2026, showing continued pressure on…
Forex market tension grows as Naira slips to N1,383/$
The naira weakened slightly to N1,383.5 per dollar on Tuesday, down from N1,383 per dollar recorded on Monday, as pressure…
CBN sells $148m to authorised dealers
CBN also sold a total of 106.5 million dollars to 29 authorised dealer banks at rates between N1,498 and N1,530…
Traders Union introduces FxPro as one of the best PAMM Forex Brokers
FxPro is a well-known online broker that offers trading in foreign exchange and contracts for difference (CFDs). This broker was…
EFCC to clamp down on forex hoarders
Bawa said he called the meeting to fashion out a collaborative stakeholders' response to brazen foreign exchange speculation, especially at…
Why Naira stabilised at exporters window – Emefiele
Emefiele said that editors and finance correspondents were expected to play a critical role in public sensitisation towards the success…
Russia stops forex sales, foreign cash withdrawals
Sanctions imposed over Russia’s war of aggression against Ukraine have caused the rouble to plummet and made it harder for…
Nigerian-born trader Jeffrey Benson unveils Forex academy
By Taiwo Okanlawon Jeffrey Benson, a 26-year-old Nigerian-born Forex trader and coach, has placed a focus on empowering and creating…
Forex trader docked for N2.4m fraud
A 41-year-old forex trader, Babatope Adebayo, who allegedly defrauded four women to the tune of N2.4 million, was on Thursday…
Forex: CBN issues strong warning to commercial banks
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from…
Meet James Watts, Founder, The Forex Hub
James Watts, as we are aware of him presently, is a fruitful Forex dealer and notable for his instructive stage.
How Shoaib Ghauri is helping people world over
The question that numerous new potential traders have as a primary concern is the means by which Shoaib Ghauri can…
Forex expert says COVID-19 boomed trading
A fund manager, Mr Stano Emmanuel stated that the COVID-19 pandemic has attracted many players to forex trading.