Nigeria’s central bank directs BDCs to access foreign exchange window thrice weekly
Businessam StaffMay 27, 2018
Central Bank of Nigeria has mandated all Bureau de Change Operators in the country to access foreign exchange at least three times
Transactions at NSE decline 22% in April
Adesola AfolabiMay 27, 2018
Total transactions at the Nigerian Stock Exchange (NSE) decreased by 22.11 percent from N272.48 billion recorded in March 2018 to
Nigeria central bank reflate forex market with $100m, warns against speculative purchases
Businessam StaffMay 24, 2018
In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate
Nigerian naira trades flat at N366/$1, dips 0.06% at I&E window
Adesola AfolabiMay 24, 2018
The exchange rates of the Nigerian naira to the American dollar closed flat Thursday at N366 in the parallel market, while it weakened
Nigeria’s central bank intervenes in forex market with yet another $210m
Businessam StaffMay 23, 2018
The Central Bank of Nigeria (CBN) has made available the sum of $210 million to meet customers’ requests in various segments of the
Nigerian naira weakens 0.28% at parallel market as DMO re-opens bond offers Wednesday.
Businessam StaffMay 22, 2018
The exchange rates of the Nigerian naira to the American dollar weakened Tuesday by 0.28 percent to N364 in the parallel market, while
Naira to trade stable on CBN interventions despite decline in foreign reserves
Businessam StaffMay 21, 2018
The naira is expected to trade stable at the various foreign exchange windows on CBN continued intervention in the in the market.
Analysts expect the bullish trend to be sustained this week
Businessam StaffMay 21, 2018
In the money market, the open buyback (OBB) and overnight (ON) rates declined w-o-w due to changes in system liquidity attributable to
MPC: Analysts call no rate change on capital flows volatility downsides
Steve OmanufemeMay 21, 2018
Analysts at Afri Invest Research have made a no rate change call as the monetary policy committee (MPC) meets this week. “As with all
Afrinvest puts GTB, NB, Guinness, Dangote Cement, Mansard on watchlist for May
Businessam StaffMay 21, 2018
Analysts at Afrinvest Research say their equity watchlist for the month of May consists of Guaranty Trust Bank, Nigerian Breweries,